Microsoft (MSFT) Forges Billion-Dollar AI Deal With Hitachi

From Nasdaq MarketSite: 2024-06-04 10:37:00

Microsoft (MSFT) has announced a strategic alliance with Hitachi Ltd., involving multibillion-dollar investments over three years to accelerate social innovation with generative artificial intelligence. The collaboration will integrate Microsoft’s cloud and AI products into Hitachi’s solutions for energy, mobility, manufacturing, and logistics industries to drive digital transformation and sustainability.

This partnership signifies MSFT’s commitment to commercialize generative AI capabilities at scale. Partnerships with OpenAI, NVIDIA, Hugging Face, and Meta Platforms enhance Microsoft’s AI arsenal and position it as a formidable contender in the generative AI space. With a focus on enhancing search, coding, and content creation tools, Microsoft is shaping the future of AI applications across various industries, aiming for sustainable growth and innovation.



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