Microsoft Backs White House AI Initiatives Amid Stock Decline
Microsoft (NASDAQ:MSFT) has pledged support for the White House's AI education initiatives, offering free Copilot access and educator grants. The move follows recent layoffs and a colleague's death, positioning the tech giant for goodwill generation. Despite the announcement, Microsoft shares fell 2.5% in Friday trading.
The company's commitments include 12 months of free Copilot in Microsoft 365 for college students and $1.25 million in educator grants. These measures aim to equip American schools with AI tools and training, aligning with the Presidential AI Challenge and AI Education Executive Order.