tl;dr
Industrial conglomerate Bosch and Microsoft (NASDAQ:MSFT) are teaming up to advance generative artificial intelligence for autonomous driving, enhancing safety and intuitive capabilities. Bosch's expertise in vehicles and vehicle components will complement Microsoft's generative AI proficiency...
Industrial conglomerate Bosch and Microsoft (NASDAQ:MSFT) are teaming up to advance generative artificial intelligence for autonomous driving, enhancing safety and intuitive capabilities.
Bosch's expertise in vehicles and vehicle components will complement Microsoft's generative AI proficiency to create autonomous driving systems capable of detecting potential hazards and mitigating accidents. This collaboration expands their existing partnership to develop a universal software platform integrating vehicle data with Microsoft Azure and Bosch's software modules, while also pursuing over 120 specific AI applications, including chatbots for customer and technician interaction.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company with a strong presence in computer software, consumer electronics, and personal computers. It is a major player in the information technology industry, ranking No. 21 in the 2020 Fortune 500. The company's revenue is impressive, with a total of $302.82 billion and a market cap of $1.5 trillion. The stock performance has been positive, with a current price of $227.58 and a 52-week high of $456.25. The market sentiment towards Microsoft is bullish, with a strong RSI of 0.363, indicating potential overbought conditions. However, caution is advised as the stock is currently trading below its 200-day moving average, and there is a risk of potential resistance at the $456.25 level. It is important to carefully monitor the stock's performance and consider potential risks before making investment decisions.
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