Microsoft CEO says AI is a tsunami as big as the internet. In 1995, Microsoft co-founder Bill Gates sent a memo describing the Internet as a "tsunami" that would be crucial to every part of the company's business. Nearly two decades later, current Microsoft CEO Satya Nadella said he believes the impact of artificial intelligence will be just as severe. "The 1995 bill memo actually sounds that way to me," Nadella said on this week's "The Circuit with Emily Chan." "I think it's just as big." At the center of Microsoft's latest attempt to transform is OpenAI Inc., a startup whose generative AI technology has attracted a lot of attention. The software giant has a $13 billion investment in him. received. We have a great relationship," OpenAI CEO Sam Altman told The Circuit. “Such large-scale partnerships between technology companies don't usually work, and this is an example of it working very well. The alliance has many critics. Elon Musk is the loudest. He co-founded OpenAI with Altman, but later parted ways over disagreements over direction and adding a commercial arm. He said OpenAI is now "effectively controlled by Microsoft." When asked about Musk's criticism and the possibility of Microsoft adopting OpenAI, Altman said, "The company is not for sale." Just as Netscape inspired Gates' Internet memo, OpenAI's development and Microsoft's endorsement has been driven in part by Google's threat to dominate AI. The architecture of OpenAI's ChatGPT and Microsoft's Bing chatbots (known as Transformers) were invented by Google. Google remains competitive in his AI field, but Microsoft and OpenAI are seen as early frontrunners. Of course, after Gates' ruling, Microsoft's web browser banished his Netscape, sparking a devastating antitrust lawsuit by the US government. OpenAI's position in the AI space is far from secure, Altman said. "It's not only a competitive environment, but I think it's probably the most competitive environment in technology right now," he said. A Microsoft spokesperson said the company welcomes discussions with the government on ensuring continued competition in the AI space. In an interview with the circuit, Nadella warned that the true impact of AI is yet to be seen. “We in the tech industry are the archetypal experts who overestimate everything,” said the Microsoft CEO. “What motivates me is that I really want to use this technology to do at least what all of us in the tech industry are trying to do: democratize access to technology. " Stock price: MSFT (NASDAQ) $319.07 -1.33 (-0.42%)Aug 17, 1:33 PM EDT - Disclaimer CEO: Satya Nadella (Feb 4, 2014–) Founded: April 4, 1975, Albuquerque, New Mexico, United States Headquarters: Redmond, Washington, United States Revenue: 198.3 billion USD (2022) Chairperson: Satya Nadella (Chairman and Chief Executive Officer) Founders: Bill Gates, Paul Allen Subsidiaries: GitHub, Yammer, Mojang Studios, Skype Communications S.a r.l