Microsoft Faces Stiff Competition in Artificial Intelligence

What Investors Should Know about Microsoft’s Actions in China PART 7 OF 9 By Anne Shields  | Sep 1, 2016 1:00 pm EDT Rapidly changing IT environment and significant cash reserves Microsoft’s (MSFT) current acquisition spree (LINKD) has come as no surprise, considering the rapidly changing IT (information technology) space and the significant cash reserves it has. In 2015, Microsoft held $108.3 billion in earnings overseas, which accounts for 4.7% of the total overseas cash held by S&P 500 companies. The company’s acquisition of Genee is likely to complement its SwiftKey acquisition, which was Microsoft’s first mobile app purchase in 2016. SwiftKey uses an AI-based (artificial intelligence) neural network to predict preference for next words. Notably, Microsoft has been recognized as a leader in Gartner’s Magic Quadrant for Business Intelligence and Analytics Platforms…


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