Microsoft's CEO, Satya Nadella, announced that up to 30% of the company's code is now generated by artificial intelligence. This revelation was made during a public conversation with Meta's CEO, Mark Zuckerberg, at the inaugural LlamaCon AI developers conference in California. Nadella noted that the proportion of AI-generated code at Microsoft is on the rise.
When asked about similar metrics, Zuckerberg did not provide exact figures but mentioned that Meta is developing AI systems capable of autonomously building the next generation of Llama AI models. He predicted that within a year, AI might handle half of the development work, with this share expected to grow further.
The discussion highlights a broader trend where tech giants like Microsoft and Meta are increasingly integrating AI into their development processes. Since the release of OpenAI's ChatGPT in late 2022, AI has been transforming fields such as customer service, sales strategy, and software development. Google and Shopify have also reported significant AI contributions to their operations.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.