Microsoft Corp. (NASDAQ: MSFT) rose 1.34% in pre trading session on Tuesday as the company announced plans for an event at its headquarters on Tuesday, leaving the subject open to speculation as the company increases its bets on artificial intelligence, including incorporating OpenAI’s ChatGPT bot into its Bing search engine.
In an invitation to reporters, the company said it would “share some progress on a few exciting projects” at 10 a.m. local time at its Redmond, Washington, headquarters. Microsoft has increased its investments in artificial intelligence, and competition in the field of generative AI, which generates new content from digital troves of text, photos, and art, is heating up.
According to a person familiar with the matter, Microsoft has been planning to add ChatGPT to Bing in order to provide better, more precise answers to queries rather than a list of links, in yet another attempt to take market share away from Google’s dominant search engine. According to Statista, Bing controls about 9% of the global search market.
Last month, the software giant also announced a multibillion-dollar investment in OpenAI over several years, which a person familiar with the matter estimated at $10 billion. The two companies are getting closer, with Microsoft providing cloud computing power to OpenAI while incorporating the AI research lab’s systems into its own software. Sam Altman, the startup’s co-founder and CEO, tweeted a photo with Microsoft CEO Satya Nadella on Monday, saying he was at Microsoft headquarters and “excited” for Tuesday’s event.
Google, a subsidiary of Alphabet Inc., announced Monday that it has released a ChatGPT competitor called Bard for testing, and that the general public will be able to use the service “in the coming weeks.” Bard is based on LaMDA, a large language model developed by Google that sparked outrage in May when a Google software engineer publicly claimed that the AI was “sentient” — a claim that has since been widely disputed. When given simple prompts, such as what to make for lunch or how to plan a friend’s baby shower, the chatbot aims to generate detailed responses.
Microsoft (NASDAQ: MSFT) Looks Into Problems with Its Email Service OutlookÂ
Microsoft Corp (MSFT) said it was looking into problems with its email service Outlook after users in North America reported difficulties accessing, sending, or searching for emails on the platform.
According to Downdetector.com, which tracks outages by collating status reports from sources, including user-submitted errors on its platform, there were over 2,000 incidents of people reporting issues with Outlook late Monday at about 23:10 ET. As of 2:10 ET, the web monitoring firm reported 351 incidents of people filing complaints.
“Users attempting to access Outlook.com from the North American region may be unable to send, receive, or search email. Calendar functionality used by other services such as Microsoft Teams would also be impacted “Microsoft announced the change on its status page.
According to Microsoft, the problem was caused by a “recent change,” and the company was working to restart portions of the affected infrastructure in order to restore service.