Microsoft is defending its heavy AI spending with this buzzword

Core Insights - Microsoft CEO Satya Nadella emphasized the "fungibility" of the company's technology in light of concerns regarding an AI overbuild [1] Group 1 - The term "fungibility" suggests that Microsoft's technology can be easily adapted or utilized across different applications and sectors [1] - The response to AI overbuild concerns indicates a proactive approach by Microsoft to address market anxieties [1]