Microsoft executives are asking why CEO Satya Nadella is feeding rivals' products before his own
Three years ago Satya Nadella was the man who started the AI race. In February 2023 he stood in front of a packed audience outside Seattle, unveiled an AI-powered Bing, and told Google the fight was on. CNN Business made him CEO of the Year. One former Microsoft executive told Business Insider he was "like a superhero" back then.
The scoreboard reads differently now. Microsoft's stock is down more than 24% from a year ago, the worst showing in the Magnificent 7. Copilot trails ChatGPT and Claude. Xbox's boss has called the business "not healthy". And inside the company, according to Business Insider's reporting, executives are openly questioning where the compute from a record $190 billion capital spending year is actually going—because a lot of it is not going to Microsoft's own products.
The scoreboard reads differently now. Microsoft's stock is down more than 24% from a year ago, the worst showing in the Magnificent 7. Copilot trails ChatGPT and Claude. Xbox's boss has called the business "not healthy". And inside the company, according to Business Insider's reporting, executives are openly questioning where the compute from a record $190 billion capital spending year is actually going—because a lot of it is not going to Microsoft's own products.
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