Microsoft stock falls after Build 2023 announcements
Microsoft Corp. stock fell on Tuesday after it announced key highlights of Build 2023.
At 3:09 pm GMT, Microsoft stock was down 1.64% at $315.83 in New York.
The tech giant on Tuesday made several announcements on how it is expanding use of AI across its apps and services, including in Windows 11, Microsoft 365 and more.
In recent past, investors have increased their focus on technology companies such as Microsoft Corp. and Alphabet Inc., which are bulking up their AI efforts.
Key announcements at Microsoft Build 2023 include, AI Copilot for Windows 11, Microsoft 365 Copilot will now supports plug-ins, Microsoft Edge will now come with a 365 Copilot integration, AI upgrade for Windows Terminal, and Bing will be now ChatGPT’s default search engine.
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