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The AI market is projected to reach roughly $305 billion this year, according to Statista, and nearly $740 billion by 2030.
Ives predicted that within the next three years, 70% of Microsoft's enterprise installed base will be on the company's artificial-intelligence-driven functionality, which he said would change the landscape for Microsoft going forward.
Copilot, the company's chatbot, could add between $25 billion and $30 billion to Microsoft's revenue by 2025, he said.
https://www.msn.com/en-us/money/companies/analysts-revamp-microsoft-stock-price-target-amid-openai-reports/ar-BB1kU2Aw