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Microsoft commits $2.5 billion and 6,000 employees to new AI implementation unit

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Image accompanies the article at CNBC Technology. No description was extracted from the source.

Microsoft is investing $2.5 billion into a new group focused on assisting clients with AI implementations, becoming the latest tech company to commit hefty resources to helping businesses understand and adopt emerging artificial intelligence technologies.

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Summary

With the new venture, called Microsoft Frontier Co., the software vendor said Thursday that 6,000 employees will be embedded with clients, in a practice that's become known as forward deployed engineering. The announcement comes two days after cloud rival Amazon said it was putting $1 billion behind an FDE initiative to support fast-paced AI engagements. Alongside its technology peers, Microsoft has sunk tens of billions of dollars into building data centers that run generative AI models. Microsoft's stock has slumped 21% this year, by far the worst performance among the mega-cap tech companies.

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