OpenAI, the Microsoft-backed (NASDAQ:MSFT) artificial intelligence platform, is heading to the Middle East to partner with G42, an artificial intelligence firm in the region. Once the two start working together, the end result should produce a range of AI solutions for the United Arab Emirates (UAE) as well as other markets in the general vicinity. G42 brings with it quite a bit of expertise in finance, as well as healthcare, energy, and other public services. Couple this with OpenAI’s generative AI models, and the potential exists for a wide range of useful new tools.
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That’s not all, either; earlier today, OpenAI also announced that ChatGPT now has complete internet access for paying customers. Those who pay for the service can now link ChatGPT to Bing, which allows ChatGPT to access the very latest information. Previously, it was limited only to the training data that stopped outright after September 2021. Reports suggest that this means OpenAI believes that ChatGPT’s various ethical constraints are now sufficient to handle the worst that the internet can offer.
Is Microsoft a Buy, Sell, or Hold?
Turning to Wall Street, analysts have a Strong Buy consensus rating on MSFT stock based on 30 Buys, four Holds, and zero Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average MSFT price target of $398.28 per share implies 20.15% upside potential.
