Brad Smith on Microsoft-OpenAI partnership
From Microsoft President Brad Smith Talks Using AI to Advance the Global South | Bloomberg Talks · · Bloomberg Podcasts
“I think it remains a critically important partnership for Microsoft. We bet on each other, but it's not as exclusive as it was say a few years ago. Open AAI uses our compute. They train models in our data centers, but they work with other companies as well. We critically rely on OpenAI's frontier models. They are among the best and many days they are the best in the world, but we have a relationship with anthropic. We use open-source models. We're developing our own models. So on both sides we work with more partners but I think the partnership between the two of us remains an imperative. It's a huge priority for us at Microsoft.”
On , Brad Smith, Former Chairman & Chief Executive Officer at Intuit, spoke about Microsoft-OpenAI partnership during Microsoft President Brad Smith Talks Using AI to Advance the Global South | Bloomberg Talks on Bloomberg Podcasts.
About Brad Smith
Brad Smith, former Chairman and CEO of Intuit, has spoken at multiple QuickBooks Connect events between 2014 and 2018, where he discussed the company's strategy, product innovations, and the role of small businesses in the economy. At the 2014 event, Smith described Intuit's goal to be "the operating system behind small business success" and highlighted features such as QuickBooks financing, which he said had increased loan acceptance rates from 60% to 70% by using business data rather than FICO scores. He also stated that small businesses had created 60% of new jobs since the beginning of the recession and that if one in three small businesses hired one more employee, it would eliminate unemployment in the U.S. In 2015, Smith announced a $100 million fund for QuickBooks financing and said the company had facilitated over a quarter of a billion dollars in loans. He also noted that the company had testified before Congress as an advocate for self-employed workers. In a 2018 interview, Smith said he heard from customers that they valued connecting with one another, new product launches such as practice management, and innovations in payments, payroll, and capital access. He stated that "people don't care what you know until they know that you care" and expressed optimism about the company's future. In other appearances, Smith discussed Intuit's operating values, including a "70-20-10" resource allocation model and a "delight pyramid" for product design. He described an experiment where engineers developed a mobile feature allowing users to photograph tax documents for automatic data entry, which he said became a significant growth driver for TurboTax. Smith also spoke about his upbringing in West Virginia and his education at Marshall University, stating that leadership involves being true to oneself and playing to one's strengths.