Google and Microsoft seem to be on opposite ends in terms of AI
April 27, 2023
An unexpected surge was seen in the market for Google-parent company Alphabet and Microsoft.
Instead of relatively modest earning expectations, the companies saw big boosts from their search and cloud computing businesses.
After a disastrous year for both stocks, the shares came back stronger than expected in the first quarter.
Now it seems like both companies are focusing on the next big thing in the tech world: Artificial Intelligence.
During the earnings call, Google CEO Sundar Pichai was seen striking a balanced tone on the matter by discussing both pros and cons of this tech.
On the other hand, Microsoft CEO Satya Nadella was more effusive about the future of AI and how it can revolutionize the way people search online.
Google’s search engine has dominated the market for two decades, but Microsoft’s recent investment in OpenAI appeared to put Google on defense for the first time in years.