Microsoft's shares rise over 1% as Wedbush Securities report highlights the potential of AI integration, including ChatGPT technology, boosting the company's monetization opportunities. Analyst Dan Ives predicts Microsoft to benefit from the $800bn AI market over the next decade with a target share price of $375. #Microsoft #AI #ChatGPT #WedbushSecurities #DanIves #Monetization
The tech giants are competing to seize an enormous market worth $800bn worldwide through artificial intelligence, and Microsoft is making giant leaps ahead. OpenAI, backed by Microsoft, will be at the forefront of this AI arms race, and Dan Ives of Wedbush believes it will trigger a major transformation in many businesses. With billions of dollars being poured into AI-focused Big Tech stocks, get ready for a massive AI revolution!
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