Microsoft’s market value increases by $154 billion after the announcement of a $30 AI subscription
No surprise. AI is already being marketed as a subscription-based service, similar to subscriptions for movie studios. I actually view it as a good thing. 1. No more role-playing about who is the best AI service. 2. No more o You have a tech issue, sorry. Get lost. 3. Competition and funds will drive improvements.
Microsoft’s gain of market value in a single day is greater than the total valuation of 450 S&P500 companies.
Source:
https://www.msn.com/en-us/money/markets/microsoft-adds-154-billion-in-market-value-after-it-announces-30-per-month-ai-subscription/ar-AA1e2gUE?ocid=BingHp01&cvid=855e57b3a3204ef6c76d8cdd20092fc1&ei=12
