Microsoft’s AI division marks 2023 as the year of AI innovation: A recap by CEO Satya Nadella – Crypto News – Crypto News
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Microsoft's AI division marks 2023 as the year of AI innovation: A recap by CEO Satya Nadella Microsoft's AI division marks 2023 as the year of AI innovation: A recap by CEO Satya Nadella

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Microsoft’s AI division marks 2023 as the year of AI innovation: A recap by CEO Satya Nadella – Crypto News

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Microsoft CEO Satya Nadella recently shared a brief video on X (formerly Twitter), emphasizing the notable accomplishments of the company’s artificial intelligence division. In the ‘Pace of AI Innovation in 2023’ video, Nadella highlighted instances where organizations leveraged Microsoft’s AI tools to create positive impacts globally.

He underscored the company’s partnerships with businesses worldwide, showcasing how these collaborations enable companies to develop consumer-centric products using Microsoft’s advanced AI systems.

Nadella said in the video, “The pace of AI innovation in 2023 was astounding – but even more impressive was how people applied this technology to make a real difference in their careers, communities, and countries. Here are some of my favorite examples.”

The Microsoft CEO opened the video by saying, “There is no doubt 2023 was the year of AI. We are no longer talking about AI in abstract, we are seeing real product making, deployment, productivity gains.”

Nadella detailed that the current year has seen a significant advancement in silicon production, consequently expediting the expansion of AI systems. Commending the development of small language models (SLMs), he cited examples such as Orca, specializing in synthetic data creation and equipped with improved reasoning capabilities, and Phi, trained on “textbook-quality” data with a focus on comprehensive knowledge. Notably, both Orca and Phi serve as foundational models within Microsoft’s portfolio and are available as enterprise solutions.

Additionally, he underscored the emergence of a novel business avenue known as ‘Model as a Service’ or MaaS, which has arisen in response to the flourishing AI landscape. He specifically mentioned instances like Cohere, Llama, and Mistral, which are actively integrating AI capabilities into applications and software, contributing to the evolution of this innovative service model.

“But, at the end of the day, this innovation will only be useful if we build and use it responsibly, ensuring its benefits empower each of us in our careers, in our communities, and in our countries while helping to address some of the world’s pressing challenges,” Nadella added.

It is important to highlight that all the instances cited by Nadella originated from collaborations between the respective companies and Microsoft for the development of their AI tools.

Nadella provided illustrations such as Kenya-based M-Kopa utilizing AI to enhance digital and financial inclusion, South Africa’s YES (Youth Employment Service) aiding individuals in acquiring skills for meaningful employment, and France-based Simplon actively promoting workplace equity.

The CEO of Microsoft also cited instances of various organizations utilizing AI to revolutionize sectors including education, cybersecurity, healthcare, content moderation, climate change, and beyond. Notably, he spotlighted India’s Jugalbandi, a novel generative AI-driven chatbot deployed on mobile devices. This chatbot aims to facilitate easier access to government services for farmers and individuals engaged in rural occupations.

He ended the video by stating, “We are only just getting started. Technology, including AI, is just a tool. It’s a means, not an end. And our end remains our mission to empower every person and every organization on the planet to achieve more.”

 

 

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Published: 16 Dec 2023, 04:46 PM IST

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