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Motley Fool Money

The AI Land Grab Has Started

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 7 February 2023

⏱️ 21 minutes

🧾️ Download transcript

Summary

Microsoft's AI event is only the latest sign of the hottest area of tech.

(0:21) Jason Moser discusses:
- CEO Satya Nadella hailing "a new day in search"
- Shares of C3AI, an enterprise AI platform company, doubling in the past five weeks
- Zoom Video announcing it's laying off 15% of employees

(12:00) Robert Brokamp talks with former Pittsburgh Steelers lineman Jonathan Scott about playing in Super Bowl 45, managing an irregular income, and other takeaways from his book "The Winning Playbook: Strategies for Life on and off the Field".

Stocks discussed: MSFT, GOOG, AMD, AI, ZM

Host: Chris Hill
Guest: Jason Moser, Robert Brokamp, Jonathan Scott
Producer: Ricky Mulvey
Engineers: Rick Engdahl, Tim Sparks

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Chris Hill back by popular demand.

0:18.1

Motley full senior and Lus Jason Moser.

0:19.8

Thanks for being here again.

0:22.2

Popular by you, by your standards, I think, right?

0:24.9

Yeah, certainly the listeners aren't clamoring for this.

0:27.8

Well, I will get to the company in a second that I wanted to talk about because the business,

0:36.0

the industry is very much in the spotlight today because the big event today from a business

0:39.9

standpoint is Microsoft's AI event, which is happening as UNI recording this.

0:46.3

So CEO, Seth Yenadella said, quote, it's a new day in search and he promised rapid innovation

0:53.8

is going to come.

0:56.1

Microsoft search engine Bing is now updated to answer questions with context similar to

1:01.5

the way that chat GPT does.

1:04.9

And we'll see how all of this plays out.

1:06.7

I'm curious to see what the Bing segment does in the coming quarters from Microsoft,

1:13.4

but among other things, Jason, one of my thoughts was this is why it's nice to have deep pockets.

1:19.9

So you can make investments like the $10 billion investment that Microsoft made in chat GPT.

1:26.0

Yeah, yeah, it sounds like a lot of money and that's because it is.

1:31.0

But in the context of Microsoft and its balance, she, you know, I think they can afford it

1:38.2

without really any problems.

1:41.4

You know, it's interesting.

1:42.9

You would think based on the conversations of the last week, right?

1:48.3

Based on the headlines of the last week, maybe two weeks, I mean, you would feel like,

...

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