Microsoft's CEO Satya Nadella is restructuring the company's leadership to advance its AI strategy beyond its partnership with OpenAI, signaling a new phase in its AI ambitions.
Microsoft is reorganizing to allow CEO Satya Nadella to focus more on technical innovation by promoting sales chief Judson Althoff to oversee marketing and operations, enabling Nadella to concentrate on data centers, AI, and product development.
Wedbush maintains an Outperform rating and a $600 price target on Microsoft stock ahead of its Q4 fiscal year 2025 results, expecting positive news from the company led by Nadella.
Microsoft CEO Satya Nadella addressed internal concerns over layoffs and the company's AI-driven transformation, emphasizing the company's strong performance despite job cuts, and highlighting the need to balance efficiency with maintaining a positive workplace culture amid a broader shift towards AI innovation.