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Fortune
Fortune
Jim Edwards

Exclusive: AI won't become a bubble as long as everyone stays 'thoughtful and disciplined,' Microsoft's Brad Smith says

Microsoft President Brad Smith speaking on stage at Web Summit in Lisbon. (Credit: Zed Jameson—Bloomberg/Getty Images)

Fresh off Microsoft’s new agreement with OpenAI—in which the artificial intelligence company agreed to buy $250 billion of cloud services from the enterprise software company’s Azure unit—Microsoft president and vice chair Brad Smith, perhaps unsurprisingly, is bullish about the long-term future of AI. But he did inject one brief note of caution in a conversation with Fortune at Web Summit in Lisbon on Tuesday.

“I obviously can’t speak about every other agreement in the AI sector. We’re focused on being disciplined but being ambitious. And I think it’s the right combination,” he said.

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