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Microsoft CEO Satya Nadella reveals how he overcame Bill Gates' skepticism about investing in OpenAI, turning a $1 billion 'burn' into a $135 billion AI partnership that reshaped the tech industry.
Microsoft reported strong quarterly results with $77.7 billion in revenue and 40% Azure growth, but shares fell 3% as the company revealed record $35 billion AI infrastructure spending and plans to double data center capacity within two years.
Microsoft CEO Satya Nadella will visit India in December for AI conferences and government meetings, as tech giants compete for market share in the world's most populous nation amid growing AI adoption.
Microsoft deploys its first large-scale AI system, showcasing existing infrastructure capabilities amidst OpenAI's push to build its own data centers. The move highlights the intensifying competition in AI computing power.
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