Jul 29, 2026 We are advancing the frontier on the cost-to-outcome curve, ensuring every customer can turn tokens into business results... Jul 29, 2026 · Earnings Earnings Microsoft FY26 Q4 earnings release (SEC Form 8-K, Exhibit 99.1) Source Jul 12, 2026 If learning flows in only one direction, economic value converges toward the owners of the learning infrastructure rather than the creators of the knowledge itself. Jul 12, 2026 · Post Post The Reverse Information Paradox Source Jul 12, 2026 In the AI age, the buyer risks giving away knowledge, just in order to use what they bought. You essentially pay for intelligence twice, once with money, and again with something even more valuable: the proprietary knowledge you must reveal to make that intelligence useful. Jul 12, 2026 · Post Post The Reverse Information Paradox Source Jul 12, 2026 In the cloud era, enterprises accumulated data. In the AI era, they accumulate learning. Jul 12, 2026 · Post Post The Reverse Information Paradox Source Jun 14, 2026 Every company is going to have to build what I think of as human capital and token capital. Jun 14, 2026 · Post Post A frontier without an ecosystem is not stable Source Jun 14, 2026 Without human direction, you have compute running in circles. Jun 14, 2026 · Post Post A frontier without an ecosystem is not stable Source Jun 14, 2026 You can offload a task, or even a job, but you can never offload your learning. The future of the firm is the ability to compound that learning across people and AI. Jun 14, 2026 · Post Post A frontier without an ecosystem is not stable Source Apr 29, 2026 We are focused on delivering cloud and AI infrastructure and solutions that empower every business to eval-max their outcomes in the agentic computing era... Apr 29, 2026 · Earnings Earnings Microsoft FY26 Q3 earnings release (SEC Form 8-K, Exhibit 99.1) Source Dec 29, 2025 For AI to have societal permission it must have real world eval impact. The choices we make about where we apply our scarce energy, compute, and talent resources will matter. Dec 29, 2025 · Post Post Looking Ahead to 2026 Source Dec 29, 2025 We have moved past the initial phase of discovery and are entering a phase of widespread diffusion. We are beginning to distinguish between “spectacle” and “substance”. Dec 29, 2025 · Post Post Looking Ahead to 2026 Source Dec 29, 2025 We will evolve from models to systems when it comes to deploying AI for real world impact. Dec 29, 2025 · Post Post Looking Ahead to 2026 Source Dec 29, 2025 What matters is not the power of any given model, but how people choose to apply it to achieve their goals. Dec 29, 2025 · Post Post Looking Ahead to 2026 Source Nov 18, 2025 I would’ve not thought, none of us thought that somehow this AI thing and a deep neural network at some scaling will suddenly become the thing that figures out the patterns, not some schematized data model. Nov 18, 2025 · Interview Interview Cheeky Pint with John Collison: Satya Nadella on lessons from Microsoft history for the AI boom Source Nov 18, 2025 So my new concept is the future of a company is that company has its own foundation model that captures essentially the tacit knowledge that makes the transactional costs of how knowledge gets accrued and diffused inside the organization faster. Nov 18, 2025 · Interview Interview Cheeky Pint with John Collison: Satya Nadella on lessons from Microsoft history for the AI boom Source Nov 18, 2025 The product that is the bottleneck is just a bunch of powered-up shells, right? Nov 18, 2025 · Interview Interview Cheeky Pint with John Collison: Satya Nadella on lessons from Microsoft history for the AI boom Source Nov 15, 2025 Bill famously said a platform is when the economic value of everybody that uses it exceeds the value of the company that creates it. That’s the essence of the positive-sum future. Nov 15, 2025 · Post Post Positive Sum Future Source Nov 15, 2025 Of course, the real test of this era won’t be when another tech company breaks a valuation record. It will be when the overall economy and society themselves reach new heights. Nov 15, 2025 · Post Post Positive Sum Future Source Nov 12, 2025 At least the early signs maybe, the way to think about the per-user business is not just per user, it’s per agent. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source Nov 12, 2025 In fact, I kind of look at it and say that our business, which today is an end-user tools business, will become essentially an infrastructure business in support of agents doing work. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source Nov 12, 2025 It won’t be a wrapper on a model, but the model will be wrapped into the application. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source Nov 12, 2025 Sometimes I describe it as the cable TV of all these AI agents because I’ll have, essentially packaged into one subscription, Codex, Claude, Cognition stuff, anyone’s agents, Grok, all of them will be there. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source Nov 12, 2025 Structurally, I think there will always be an open source model that will be fairly capable in the world that you could then use, as long as you have something that you can use that with, which is data and a scaffolding. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source Nov 12, 2025 You kind of need to build an infrastructure that’s capable of supporting multiple families and lineages of models. Otherwise the capital you put in, which is optimized for one model architecture, means you’re one tweak away, some MoE -like breakthrough that happens, and your entire network topology goes out of the window. Nov 12, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, How Microsoft is preparing for AGI Source October 2025 And just last month, we announced the world’s most powerful AI datacenter, Fairwater in southeastern Wisconsin, which will deliver 10x the performance of the world’s fastest supercomputer today. October 2025 · Letter Letter Microsoft Annual Report 2025, Shareholder Letter Source October 2025 Imagine a world where every person can get help from a researcher, a coder, or an analyst on demand. Not just information, but deep, contextual expertise paired with action. October 2025 · Letter Letter Microsoft Annual Report 2025, Shareholder Letter Source October 2025 More than any transformation before it, this generation of AI is radically changing every layer of the tech stack, and we are changing with it. October 2025 · Letter Letter Microsoft Annual Report 2025, Shareholder Letter Source October 2025 To succeed, we must continue to think in decades but execute in quarters, approaching each day with the humility and curiosity required to continuously improve, while being guided by our bold vision for the future. October 2025 · Letter Letter Microsoft Annual Report 2025, Shareholder Letter Source Jul 30, 2025 Cloud and AI is the driving force of business transformation across every industry and sector... Jul 30, 2025 · Earnings Earnings Microsoft fiscal 2025 fourth quarter results Source Feb 19, 2025 I do think the SaaS applications that exist today, these CRUD applications, are going to fundamentally be changed because the business logic will go more into this agentic tier. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 I think that in order to have a stable social structure, and democracies function, you can’t just have a return on capital and no return on labor. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 In fact that’s the thing, a lot of people are writing about it, and I'm glad they are, which is the big winners here are not going to be tech companies. The winners are going to be the broader industry that uses this commodity that, by the way, is abundant. Suddenly productivity goes up and the economy is growing at a faster rate. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 So basically, think of it as: there is knowledge work, and there's a knowledge worker. The knowledge work may be done by many, many agents, but you still have a knowledge worker who is dealing with all the knowledge workers. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 Structurally, hyperscale will never be a winner-take-all because buyers are smart. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 The only thing that's going to happen with all the compute builds is the prices are going to come down. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 This is why we like the analogy of thinking of this as the transistor moment of quantum computing, where we effectively have a new phase, which is the topological phase, which means we can even now reliably hide the quantum information, measure it, and we can fabricate it. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 Today, you cannot deploy these intelligences unless and until there's someone indemnifying it as a human. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 Us self-claiming some AGI milestone, that's just nonsensical benchmark hacking to me. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source Feb 19, 2025 When you think of an AI agent, it turns out the AI agent is going to exponentially increase compute usage because you're not even bound by just one human invoking a program. Feb 19, 2025 · Interview Interview Dwarkesh Podcast: Satya Nadella, Microsoft's AGI plan and quantum breakthrough Source