Microsoft’s latest AI product announcement sent its shares to record highs on Thursday.
Technology giant shares hit $427.81 according to Investor’s Business Daily on Thursday and ended at $425.22. It last hit a record high on February 9, when its shares hit $420.82.
Microsoft said Wednesday that its Microsoft Copilot for Security tool, which will launch globally on April 1, is the industry’s “first generative AI solution” for security and IT professionals. trillion security signals that a company processes every day.
Security analysts reported to be 22% faster with Copilot for Securityand according to an economic study conducted by the company, 7% said that their work is more true thanks to this tool.
Vasu Jakkal, vice president of security, compliance, identity and governance at Microsoft, told Quartz cybercriminals exploit enormous language models (LLM) to boost productivity. For example, they can utilize artificial intelligence tools like ChatGPT to scout people and companies for vulnerabilities, improve coding and password cracking skills, and spread disinformation.
“It basically comes down to searching for information and directly launching such attacks in order to strengthen their own position of influence and gain economic advantage,” Jakkal said of state and financial crime actors who target cyberattacks on companies.
But while Microsoft is developing its own AI tools, some employees reportedly believe its AI work is too focused on its multi-year, multi-billion dollar partnership with OpenAI.
“The previous Azure AI was basically just technical support for OpenAI,” said a former Microsoft executive Business Insider report. “Eric Boyd [corporate vice president of Microsoft’s Azure AI Platform] effectively maintains the OpenAI service. It’s less of a driver of innovation than it used to be. Now it’s more IT for OpenAI. The beating heart of innovation is elsewhere.”
