Microsoft has lost control over its AI direction, unlike Google and Meta, according to Gene Munster. The future of the company, currently led by Satya Nadella, is now in the hands of OpenAI.

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Microsoft has lost control over its AI direction, unlike Google and Meta, according to Gene Munster. The future of the company, currently led by Satya Nadella, is now in the hands of OpenAI. - Benzinga

Quick Summary:

What Happened: During an appearance on CNBC’s Closing Bell on Tuesday, Munster said that the Satya Nadella-led tech giant’s Build conference was “underwhelming.” He went on to add that the conference did not unveil anything new that had not been previously disclosed by OpenAI.“It reminds me that Microsoft’s future is in the hands of OpenAI,” Munster said.

He also highlighted the strong relationship between Microsoft and OpenAI but expressed concerns about Microsoft’s lack of complete control over its AI destiny, especially in comparison to companies like Alphabet Inc.’s Google and Meta Platforms.

Deepwater Asset Management‘s managing partner, Gene Munster has expressed concerns about Microsoft Corporation’s (NASDAQ:MSFT) future in the field of AI as it continues to rely heavily on ChatGPT-parent OpenAI.