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Microsoft CEO Nadella: The wave of artificial intelligence is unstoppable

2023-01-25 11:31:55IT - IT's home

On the morning of January 25th, Beijing time, according to reports, Microsoft today released its financial report for the second quarter of fiscal year 2023 ending December 31, 2022.The financial report shows that Microsoft’s revenue in the second quarter was US$52.7 billion (currently about 357.306 billion yuan), an year-on-year increase of 2%.Net profit was US$16.4 billion (currently approximately RMB 111.192 billion), a year-on-year decrease of 12%.Not in accordance with US GAAP (non-GAAP), net profit was US$17.4 billion (currently approximately RMB 117.972 billion), a year-on-year decrease of 7%.

After the financial report was released, Microsoft CEO Satya Nadella, CFO Amy Hood, chief accounting officer Alice Jolla) and legal counsel on behalf of Keith Dolliver and other company executives attended the subsequent earnings conference call to interpret the key points of the financial report and answer questions from analysts.

The following is the transcript of the conference call:

Morgan Stanley analyst Keith Weiss:I wanted to talk to management about Microsoft's investment in artificial intelligence research company OpenAI.With further investment, has the scope of the current cooperation between Microsoft and OpenAI expanded?What are the specific areas of cooperation?In addition, from the perspective of investors, in addition to the recently released Azure OpenAI service, what functions and services will Microsoft and OpenAI bring to users?How will this partnership positively impact other Microsoft-owned products like Bing?

Satya Nadella: Our partnership with OpenAI began three years ago.In the past three years, Microsoft has been committed to achieving close cooperation between the two parties. The fundamental reason is that we firmly believe that the wave of artificial intelligence is unstoppable.value.In addition, the wave of artificial intelligence will affect all links of the technology stack, providing people with new solutions and creating new opportunities.So whenever we think about new opportunities for platforms, AI is the answer.We need to think: How do we fundamentally ride the AI ​​wave?How to expand the reach of AI?What can we create with AI?From this perspective, the core of Azure or cloud computing lies in how to effectively combine network and storage.In a sense, the issues behind this are very complex.In the past three years or so, Microsoft has devoted itself to training supercomputers and building reasoning infrastructure, because once artificial intelligence is applied to programs, it will inevitably involve training and reasoning issues.So I think the impact of Azure on the industry is far-reaching, and we hope to provide you with far more than Azure OpenAI services.How to combine OpenAI with Microsoft's Azure Synapse analysis service and so on are all in our consideration.At present, our Power Platform already has the ability to integrate.

One ​​of the reasons Microsoft is the industry leader in workflow automation today is our outstanding AI capabilities.In fact, GitHub and Copilot are the most AI-intensive products on the market.Whether it's productivity or consumer services, we want to integrate AI into every layer of the Microsoft technology stack.We are very much looking forward to these ideas.At the same time, we are also very optimistic about OpenAI's ability to innovate.We're excited by the attention we've received from the recent launch of the Azure OpenAI service.All in all, in the future, we are not only concerned about Microsoft's investment in OpenAI, but also close commercial partnerships.Integrating AI deeply into various Microsoft products will not only drive innovation, but also help us remain competitive in the industry.

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