"I think that we've got years, if not decades, ahead of us for growth. From a short-term perspective, I'll only speak for Microsoft; I can't speak for every company in the industry. We have more demand than supply. That's the reality from customers, and we have an ongoing pipeline of demand and needs, and we see steady growth, and we're encouraged by where things are going. And we'll always be disciplined as we're investing."
"I obviously can't speak about every other agreement in the AI sector. We're focused on being disciplined but being ambitious. And I think it's the right combination,"
"Everybody's going to have to be thoughtful and disciplined. Everybody's going to have to be ambitious but grounded. I think that a lot of these companies are [doing that]."
Microsoft is bullish on AI's long-term prospects while emphasizing the need for discipline and ambition. Microsoft secured a $250 billion OpenAI commitment to buy Azure cloud services and paid $13 billion for a stake representing 27% of a $500 billion valuation. The $250 billion commitment far exceeds OpenAI's revenues, and Microsoft marked down its investment, implying a $12 billion quarterly loss at OpenAI. Microsoft reports more customer demand than supply, a steady growth pipeline, and plans to remain disciplined in investments while pursuing ongoing AI growth over years or decades.
Read at Fortune
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