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28 Oct 2026 |
these three things had, effectively compounding effects for our customers in the past.
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28 Oct 2026 |
It’s about each year you write the Moore’s Law, you add, you use software, and then you optimize across all of it.
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28 Oct 2026 |
we think of in ratios, even for a training job, by the way.
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28 Oct 2026 |
because we can vertically integrate doesn’t mean we just only vertically integrate.
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28 Oct 2026 |
And of course the GitHub tooling is helping them, or even the low-code, no-code tools.
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28 Oct 2026 |
That agent black plane is really transforming companies in some sense.
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28 Oct 2026 |
one of the more exciting things for me is these new agent systems, M365 Copilot, GitHub Copilot, Security Copilot all coming together to…
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28 Oct 2026 |
you shouldn’t think of AI workloads as just AI accelerator compute
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28 Oct 2026 |
Then on top of it, of course, there is the transformation, which is what businesses are doing.
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28 Oct 2026 |
we have to think about our Commercial Cloud and keep it balanced with the rest of our AI cloud
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28 Oct 2026 |
AI experiences are intent-driven and are beginning to work at task-scope.
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28 Oct 2026 |
You can think of agents as the new Apps.
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28 Oct 2026 |
That’s what’s happening even in the new workload.
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28 Oct 2026 |
we’re very, very thrilled about the progress with Maia 200.
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28 Oct 2026 |
In coding, we are seeing strong growth across all paid GitHub Copilot.
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28 Oct 2026 |
We want to be able to allocate capacity while we’re supply constrained in a way that allows us to essentially build the best LTV portfolio.
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28 Oct 2026 |
as an investor, I think when you think about our capital and you think about the GM profile of our portfolio, you should obviously, think…
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28 Oct 2026 |
Our customers expect to use multiple models as part of any workload that they can fine-tune and optimize based on cost, latency, and…
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28 Oct 2026 |
That’s, I think, the most magical thing, which is you deploy these things and suddenly the agents are helping you coordinate, bring more…
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28 Oct 2026 |
when you have a new workload, a new shape of a workload, you can start innovating end to end between the model and the silicon and the…
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28 Oct 2026 |
the scenario I even had in my transcript around you can now take WorkIQ as an MCP server and in a GitHub repo and say, hey, please look at…
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28 Oct 2026 |
that’s why we even think about aging the fleet constantly. It’s not about buying a whole lot of gear one year.
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28 Oct 2026 |
We believe this creates a major new category and significant growth opportunity for us.
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28 Oct 2026 |
one of the things we want to make sure is we’re not locked into any one thing.
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28 Oct 2026 |
This is probably the most important sovereign consideration for firms as AI diffuses more broadly across our GDP and every firm needs to…
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28 Oct 2026 |
Just remember, you have to be ahead for all time to come.
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28 Oct 2026 |
I mean, you’ve got to think about compute is also R&D.
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28 Oct 2026 |
A new app platform is born.
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28 Oct 2026 |
That’s a super important asset for any business process, business workflow context.
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28 Oct 2026 |
We want a fleet at any given point in time to have access to the best TCO.
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28 Oct 2026 |
And we offer the most comprehensive set of sovereignty solutions across public, private, and national partner clouds, so customers can…
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28 Oct 2026 |
I had some stats on how much that’s being used.
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28 Oct 2026 |
That’s where all the services in Fabric and Foundry are.
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28 Oct 2026 |
we’re in such early innings.
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28 Oct 2026 |
one of the things that we are seeing is the adoption across the three major suites of ours.
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28 Oct 2026 |
Like in every platform shift, all software is being rewritten.
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28 Oct 2026 |
Something like Entra as an identity system or Defender as the protection system across all three was super helpful.
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28 Oct 2026 |
And the reason is because it has all this tacit information.
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28 Oct 2026 |
In gaming we are committed to delivering great games across Xbox, PC, cloud, and every other device.
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28 Oct 2026 |
We are in the beginning phases of AI diffusion and its broad GDP impact.
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28 Oct 2026 |
whatever we build will be all optimized for Maia. We feel great about it.
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28 Oct 2026 |
it’s not a one-generation game.
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28 Oct 2026 |
we are excited about Maia. We’re excited about Cobalt.
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28 Oct 2026 |
the most important database underneath for any company that uses Microsoft today is the data underneath Microsoft 365.
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28 Oct 2026 |
The agent will then spawn through tools used, maybe a container, which runs obviously, on compute.
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28 Oct 2026 |
And so, we don’t want to maximize just one business of ours.
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28 Oct 2026 |
Foundry Knowledge delivers better context with automated source routing and advanced agentic retrieval, while respecting user permissions.
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28 Oct 2026 |
All of those have a GM profile and a lifetime value.
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28 Oct 2026 |
The key metric we are optimizing for is tokens per watt per dollar, which comes down to increasing utilization and decreasing TCO using…
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28 Oct 2026 |
I mean, if you think about it, acquiring an Azure customer is super important to us, but so is acquiring an M365 or a GitHub or a Dragon…
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28 Oct 2026 |
when clients bring their workloads and build new workloads, they need all of these infrastructure elements in the region in which they’re…
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28 Oct 2026 |
And so, we’re using all of that obviously, to optimize for the long term.
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28 Oct 2026 |
Work IQ takes the data underneath Microsoft 365 and creates the most valuable stateful agent for every organization.
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| Not yet due |
Promise |
21 Oct 2026 |
A transcript with video and audio of the entire 2026 Microsoft Annual Meeting will be available on the Microsoft Investor Relations website after the meeting.
Promise · 21 Oct 2026 |
Their own work or organisation |
| Not yet due |
Promise |
21 Oct 2026 |
Microsoft's 2026 Annual Meeting on December 8, 2026 will be followed by a question and answer session.
Promise · 21 Oct 2026 |
Their own work or organisation |
| Not yet due |
Promise |
21 Oct 2026 |
Microsoft's 2026 virtual Annual Shareholders Meeting on December 8, 2026 will be conducted and made available via webcast.
Promise · 21 Oct 2026 |
Their own work or organisation |
| Not checkable |
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4 Jun 2026 |
Exactly, and more importantly, you will be found out if you don’t optimize.
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4 Jun 2026 |
What is your moat as a company? Your moat as a company is your tacit knowledge.
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4 Jun 2026 |
So when I think about the portfolio of building a system plus model plus these three domains, then I feel like that’s where our…
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4 Jun 2026 |
So we’ll have agent businesses in security, in coding, in knowledge work, as the three big domains.
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| Mixed |
Factual |
4 Jun 2026 |
In a Land O'Lakes agent example shown at Build, a 5B-parameter model delivered the same outcome as a 500B-parameter model.
Factual · 4 Jun 2026 |
AI capabilities |
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4 Jun 2026 |
We are not at all, like at this point, if anything, the thing that we do not want to do is to disappoint especially our enterprise…
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4 Jun 2026 |
Here we are competing with Google and a bunch of people whose names I wouldn’t have known in 2018
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4 Jun 2026 |
every company thinks they can do everything, and then they realize that the world doesn’t need them to, the world wants them to do the one…
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4 Jun 2026 |
Zune was a great device, but the world didn’t need Zune from us, and so that was the end of it.
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4 Jun 2026 |
I think software is alive, but the way I think this entire meme has come about is, like, if you take the SaaS question in particular, right?
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4 Jun 2026 |
Yeah, I always find this frame back from 2014 of ubiquitous computing and ambient intelligence and it’s becoming more and more real each…
Not checkable · 4 Jun 2026 |
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| Unresolvable |
Promise |
4 Jun 2026 |
GitHub and GitHub Copilot will offer both Anthropic (Claude) and other models.
Promise · 4 Jun 2026 |
Their own work or organisation |
| Mostly true |
Factual |
4 Jun 2026 |
Microsoft built SQL Server in partnership with SAP.
Factual · 4 Jun 2026 |
Technology |
| Not researched |
Factual |
4 Jun 2026 |
Nadella said they are using the same multi-model harness that they use in GitHub and in security.
Factual · 4 Jun 2026 |
AI capabilities |
| Unresolvable |
Factual |
4 Jun 2026 |
Microsoft's free cash flow is currently being allocated to capital return in a sensible way, per Nadella.
Factual · 4 Jun 2026 |
Their own work or organisation |
| Not checkable |
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4 Jun 2026 |
we will definitely want to allocate as we see progress on all this and we’ll see how it all shakes out.
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4 Jun 2026 |
remember, it was a tools business before, and now it is the business, who would have thought that coding is everything?
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4 Jun 2026 |
we have to be competitive in when it comes to tokens-per-dollar-per-watt
Not checkable · 4 Jun 2026 |
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| Own records only |
Factual |
4 Jun 2026 |
Microsoft allocates compute across three buckets: its hyperscale (Azure) business, its own application business, and its own research compute.
Factual · 4 Jun 2026 |
AI compute, hardware and data |
| Unresolvable |
Factual |
4 Jun 2026 |
Microsoft gave at most a little more compute to Azure last quarter, and it was supply-constrained.
Factual · 4 Jun 2026 |
AI compute, hardware and data |
| Mostly false |
Factual |
4 Jun 2026 |
After moving to the cloud, Microsoft sold many more subscriptions because customers who never bought its servers bought subscriptions.
Factual · 4 Jun 2026 |
Economics and markets |
| Unresolvable |
Factual |
4 Jun 2026 |
Microsoft's MAI models are already fully competitive on the frontier with the other general models.
Factual · 4 Jun 2026 |
AI capabilities |
| Not checkable |
Not checkable |
4 Jun 2026 |
we can be a trusted purveyor of a platform, which is what we’ve always done, that allows people to create more value on top of a platform
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4 Jun 2026 |
there is real marginal cost to software, that’s kind of what it is, and that’s going to be priced through.
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4 Jun 2026 |
Like always, these things, we’re going to take everything from what I’ll talk about as what is an end-user thing and an IT thing, bring it…
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4 Jun 2026 |
So I kind of think about the E7, E5, these things will continue and then you’ll always have the outcall consumption.
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4 Jun 2026 |
Not really.
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4 Jun 2026 |
So every day OpenAI does well, Microsoft does well.
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4 Jun 2026 |
I still think that it’s — I’m very proud of the fact that we came together
Not checkable · 4 Jun 2026 |
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| Own records only |
Factual |
4 Jun 2026 |
Microsoft's earlier fine-tuning effort did not work well because it lacked the tools and data collection regime.
Factual · 4 Jun 2026 |
AI capabilities |
| Not checkable |
Not checkable |
4 Jun 2026 |
At the end of the day, we are an operating company, investment is just more of an accident.
Not checkable · 4 Jun 2026 |
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| Own records only |
Factual |
4 Jun 2026 |
Microsoft's infrastructure business margin dollars are close to exceeding the total margin dollars from its high-margin businesses.
Factual · 4 Jun 2026 |
Economics and markets |
| Not checkable |
Not checkable |
4 Jun 2026 |
Cowork, to me, it’s kind of like Copilot.
Not checkable · 4 Jun 2026 |
|
| Not researched |
Factual |
4 Jun 2026 |
Microsoft is not selling raw GPU capacity to new AI labs (Neolabs) on Azure.
Factual · 4 Jun 2026 |
AI compute, hardware and data |
| Not checkable |
Not checkable |
4 Jun 2026 |
what I want to build is essentially a multi-tenant learning system that allows everybody to have their own hill-climbing machine.
Not checkable · 4 Jun 2026 |
|
| Unresolvable |
Prediction |
4 Jun 2026 |
The biggest value proposition of a Windows machine in the enterprise will be unmetered intelligence.
Prediction · 4 Jun 2026 |
Economics and markets |
| Unresolvable |
Prediction |
4 Jun 2026 |
OpenAI may go public and become a trillion-dollar company.
Prediction · 4 Jun 2026 |
Economics and markets |
| Own records only |
Factual |
4 Jun 2026 |
Some of Microsoft's model performance gains come from reverse knowledge distillation (RKLD) using OpenAI IP, plus reinforcement learning on top.
Factual · 4 Jun 2026 |
AI capabilities |
| Unresolvable |
Factual |
4 Jun 2026 |
Overall margin dollars from Microsoft's infrastructure business may be higher, even though it is not a higher-margin business; he added that these margin dollars are getting close to being higher than the total margin dollars from Microsoft's high-margin businesses.
Factual · 4 Jun 2026 |
Economics and markets |
| Unresolvable |
Prediction |
4 Jun 2026 |
In future, firms will have both human capital and token capital, and will need their own hill-climbing machine for the token capital.
Prediction · 4 Jun 2026 |
AI, the economy and work |
| Not checkable |
Not checkable |
4 Jun 2026 |
if you’re not creating opportunity, why would anybody want you to succeed?
Not checkable · 4 Jun 2026 |
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| Not checkable |
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4 Jun 2026 |
at Microsoft we are at our best when we do what the world expects us to do, we are at our worst when we do things out of envy
Not checkable · 4 Jun 2026 |
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| Unresolvable |
Factual |
4 Jun 2026 |
Microsoft showed at Build that an efficiently trained reasoning or coding model can hill-climb using a customer's traces and be more token-efficient.
Factual · 4 Jun 2026 |
AI capabilities |
| Not checkable |
Not checkable |
4 Jun 2026 |
I want people and communities to have control, have agency, humans to have real dignity in their work
Not checkable · 4 Jun 2026 |
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