There is certainly some luck involved with Microsofts early investment and partnership with OpenAI. However, the strategy they have built to bring AI to “where work happens”, productize it through Copilot, and create enterprise-ready capabilities to build off of is truly impressive.
Microsoft surpassed Apple to become the world’s most valuable public company. Microsoft was valued at $2.89trn as markets closed on Friday; Apple at $2.87trn. The iPhone-maker has been the most valuable listed firm for most of the past 12 years. But Microsoft’s investments in artificial intelligence have helped it catch up. The software giant last closed above Apple in 2021. — The Economist (Jan 13, 2024)