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Microsoft (NASDAQ:MSFT) Teams with Swiss Startup on “Digital Brain” AI platform

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Microsoft thinks it could be getting closer to artificial general intelligence.

Microsoft (NASDAQ:MSFT) Teams with Swiss Startup on “Digital Brain” AI platform

Microsoft has teamed with Swiss startup inait to use artificial intelligence to simulate human brain functions which it claims can get closer to general intelligence, a theoretical, human-level intelligence capable of understanding and adapting to a wide range of situations. The U.S. tech giant will deploy inait’s “digital brain” AI platform on the Azure cloud to accelerate deployment, focusing initially on robotics and finance, it said today.

MSFT Hails “True Cognition”

The Swiss firm boasts a “brain programming language” and AI that has the ability to learn from experience and understand cause and effect, which it says delivers cognitive abilities for that nears more human-like adaptive general intelligence, overcoming the limitations of current AI systems. 

Adir Ron, EMEA Cloud & AI Director for Startups and Digital Natives at Microsoft, says inait’s technology goes beyond traditional data-based models towards “digital brains capable of true cognition,” adding that the firm’s AI models “mirror biological intelligence in a highly efficient manner.” 

Catrin Hinkel, CEO of Microsoft Switzerland, said the partnership would focus initially on the fintech and robotics sectors, where the company sees opportunities for swift transformation. 

In the financial sector, the collaboration will focus on delivering advanced trading algorithms, risk management tools, and personalized financial advice. For the robotics industry, the two companies hope to develop more intelligent and adaptable robots for industrial manufacturing that can perform in complex, dynamic environments. 

“This collaboration with Microsoft marks a pivotal moment for inait,” said Henry Markram, founder and Chairman of inait. “After two decades of R&D we now have digital brain replicas and the know-how to teach them to perform AI. Microsoft’s global ecosystem is ideal to globally scale our disruptive digital brain-based AI.” 

Is MSFT a Good Stock to Buy? 

On Wall Street, Microsoft has a Strong Buy consensus rating based on 29 Buys and two Holds. The average MSFT price target of $508.37 implies about 33% upside.

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