Talk of Microsoft winning the AI race could be premature

• Published date: 31 October 2023

But subsequent chatter about Microsoft leading the AI (artificial intelligence) race may be premature. Azure may be gaining market share but the most recent quarter is not evidence of a definitive trend. Even after last week’s reversal, Alphabet shares have outperformed Microsoft’s in 2023

But last week’s rotation out of Google/Alphabet and into Microsoft is noteworthy in one respect. Research Affiliates founder Rob Arnott often warns...