Microsoft: MSFT $13B Investment Called 'Best Money Ever Spent'
With the stock expected to be among the most dominant next year, Microsoft (MSFT) has seen its $13 billion investment heralded as some of the “best money ever spent,” by some Wall Street analysts. Indeed, the company is set to be at the forefront of one of the tech sector’s most important developments. Like many of its competitors, the company has not been shy about funneling funds to develop its AI capabilities. Driven by the ongoing AI boom within the stock market, it has placed a clear emphasis on its presence. Although they have openly admitted that the investment will dampen its profits, experts have touted the decision as having immense potential to pay off in a big way. Source: CNBC Also Read: Microsoft: MSFT on Pace to Reach $500 in 2025? Microsoft Investment Championed by JPMorgan as Stock Looks to Lead AI Sector Just five years ago, Microsoft invested $1 billion into OpenAI. The startup was an artificial intelligence developer that was creating impressive lan...