Is AI a bubble? Are companies overspending? Who's winning the AI race? And how do we recognise victory? Mustafa Suleyman, CEO of Microsoft AI, is here to answer these questions and much more. Welcome, Mustafa.
Thank you. Good to be here.
Let's start with last week. There were breathtaking increases in capex spending by AI companies that reported, and perhaps for the first time markets were nervous. They really want to start to see revenue. Microsoft's stock suffered as well. What was your reaction? Did that make you feel like, I'm under pressure, I need to deliver a lot faster?
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