tl;dr
Google, Microsoft, and Microsoft-backed OpenAI are striving to enhance spending on artificial intelligence by introducing new software features, as reported by The Information. Microsoft aims to automate tasks like invoice handling and code rewriting using technology from OpenAI, building upon its e...
Google, Microsoft, and Microsoft-backed OpenAI are striving to enhance spending on artificial intelligence by introducing new software features, as reported by The Information. Microsoft aims to automate tasks like invoice handling and code rewriting using technology from OpenAI, building upon its existing Copilot offerings. The company may unveil these features at its Build developer conference in May. Meanwhile, Google's DeepMind unit and OpenAI are working on AI "agents" to handle tasks across multiple applications. Google's efforts are led by Anmol Gulati, co-founder of AI startup Adept, which is set to launch its own AI agents this summer. Neither Microsoft, Google, nor OpenAI has responded to Seeking Alpha's request for comment. Microsoft and Google are expected to report their quarterly results on April 25, with analysts forecasting Microsoft to earn $2.84 per share on $60.85B in revenue, and Google to earn $1.50 per share on $78.68B in sales.
More about Alphabet Inc Class C
Stock Summary: Alphabet Inc. Class C
Description: Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services - Computer Programming, Data Processing, etc.
Market Cap: $1,928,721,596,000
P/E Ratio: 26.9
Dividend Yield: None
Beta: 0.24
Shares Outstanding: 3,073,939,870
Current Price: $1,63.84
EPS: $0.56
Volatility: 0.135
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 306.80 billion
PE Ratio: 37.3
EPS: 2.86
Dividend Yield: 11.07%
52-week High: 30.61
52-week Low: 0.363
Shares Outstanding: 2.28 billion
Public Float: 1.00 billion
Beta: 435.44
Rev per Employee: 0.332 million
Net Income: 0.176 billion
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