Microsoft Stock Extends Gains As AI-Powered Bing Challenges Google Search Dominance
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The Street
The Street
By Martin Baccardax “It’s a new race in the most important software category,” CEO Satya Nadella said of Microsoft’s AI investment drive into its Bing search engine. Microsoft (MSFT) – Get Free Report shares extended gains Wednesday after the tech giant laid out a bullish case for its new AI investment drive and suggested the revamp of its Bing search engine could offer a significant challenge to Google’s dominance in the $500 billion digital advertising market. Microsoft said it will embed a newer version of ChatGPT, a tool that uses human language to process instructions, in both its Edge in…