Microsoft's Stock Soars to Record High as it Unveils Groundbreaking AI Security Tool
ICARO Media Group
Intraday trading on Thursday saw the stock of technology giant Microsoft reach an impressive $427.81, according to Investor's Business Daily. The stock ended the day at $425.22, marking a new record high. This milestone comes after Microsoft previously achieved its last record high of $420.82 on February 9.
Microsoft has also made waves in the field of artificial intelligence (AI) with the announcement of its Microsoft Copilot for Security tool, set to launch globally on April 1. The company touts it as the first "generative AI solution" in the security and IT professional industry. Trained on extensive large-scale data and threat intelligence, including over 78 trillion security signals processed daily, Copilot for Security offers advanced capabilities.
According to an economic study conducted by Microsoft, security analysts reported being 22% more efficient and 7% more accurate when using Copilot for Security. This demonstrates the tool's potential in enhancing the effectiveness of security operations.
Vasu Jakkal, the corporate vice president of security, compliance, identity, and management at Microsoft, highlighted the rising threat posed by cyber attackers utilizing large language models (LLMs). These attackers employ AI tools like ChatGPT to conduct activities such as reconnaissance on individuals and entities, searching for security vulnerabilities, improving coding skills, cracking passwords, and even spreading misinformation.
Jakkal emphasized that these tactics aim to gain an advantage in terms of influence and economic benefits, particularly when targeting companies in cyberattacks. To counter these evolving threats, Microsoft's innovative approach with Copilot for Security aims to equip security professionals with powerful AI capabilities.
Meanwhile, there have been reports of dissatisfaction among some Microsoft employees regarding the focus of the company's AI efforts, which are perceived to be predominantly centered around its partnership with OpenAI. According to a Business Insider report, a former Microsoft executive expressed their belief that the formerly acclaimed Azure AI has become more like tech support for OpenAI. They described it as less of an innovation engine and more of an IT service for OpenAI, suggesting that the heart of innovation now lies elsewhere.
As Microsoft continues to push the boundaries of AI technology and develops its own tools, it will be vital for the company to address internal concerns to maintain a robust and innovative AI ecosystem.
With its stock reaching new heights and the introduction of game-changing AI security solutions, Microsoft remains at the forefront of technological advancements, poised to make a significant impact on the industry.