Microsoft Corporation (MSFT.US) announces its core enterprise AI strategy at the Ignite conference. JP Morgan comments: Clear prospects, firmly optimistic.

Microsoft Corporation (MSFT.US) Ignite global technology conference was held this week in San Francisco. Analysts from JPMorgan Chase stated that the software and cloud services giant showcased the core value of its enterprise AI solutions at this conference, as well as its strategic concept called "Frontier Firms", presenting a convincing development path. "With AI technology moving from concept validation to practical application and gradually infiltrating various aspects of organizations, Microsoft Corporation further clarified its AI development vision. In the backdrop of the rise of the multi-agent ecosystem, enterprises need to achieve efficient, secure, and compliant collaborative management and operational monitoring," said JPMorgan Chase analysts led by Mark Murphy in an investor report on Wednesday. JPMorgan Chase reiterated its "Hold" rating for Microsoft Corporation and maintained a target stock price of $575. It is reported that Microsoft Corporation cited research data from IDC (forecasting the deployment of 1.3 billion AI agents by 2028) and officially launched Agent 365 to help customers deploy intelligent agents at scale within their enterprises. Microsoft Corporation also emphasized the importance of the "intelligence layer", which effectively integrates structured and unstructured data to provide resources for intelligent agents. With the rise of AI programming technology, Microsoft Corporation also launched the App Builder feature of M365 Copilot, pointing out that "software is evolving from being 'designed for people' to 'created by people'." Murphy emphasized: "Through App Builder, users can create applications in minutes by combining natural language with the intelligent layer of the Microsoft Corporation platform, which can provide specific business scenario support for AI applications. This complements the Microsoft Corporation GitHub Copilot product line, providing development tools for users with diverse technical backgrounds." Of note, JPMorgan Chase particularly pointed out a new partnership between Microsoft Corporation and NVIDIA Corporation (NVDA.US) and Anthropic. According to the agreement, NVIDIA Corporation and Microsoft Corporation will each invest $10 billion and $5 billion in Anthropic, respectively. Anthropic has pledged to invest $30 billion to purchase Microsoft Corporation Azure computing resources and has additionally signed contracts for up to 1 gigawatt of computing capacity. Murphy added: "Although Microsoft Corporation still faces AI computing resource constraints, which to some extent hinders Azure growth, we see the company sowing the seeds of long-term success in areas such as security, the Teams collaboration platform, and Power Apps low-code tools, and now focusing on forward-looking investments in OpenAI/ChatGPT. In addition, limited personnel growth also demonstrates its determination to improve operational efficiency and adapt to new environments."