How Microsoft's Satya Nadella Became Tech's Steely Eyed A.I. Gambler
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Earlier this year, a major tech company made a surprising deal. The company’s CEO, known for taking risks, acquired a start-up with a not-so-great reputation and no evident profitability. The deal involved licensing the start-up’s technology, hiring its staff, and putting the start-up’s CEO in charge of a significant portion of the company. This was part of the CEO’s larger strategy of investing in artificial intelligence (AI). Despite the uncertainty surrounding these investments, the CEO believes that AI is crucial to the tech industry’s future and wants his company to dominate this technology.