Why Microsoft is investing $1 billion in artificial intelligence research

The company announced on Monday that it has invested $1.1 billion into the AI research department of its research center at Stanford, the first such investment by Microsoft outside of the cloud.

The company also said it will invest in AI and robotics companies.

In the announcement, Microsoft CEO Satya Nadella said the company was also making significant investments in research and development of software that would “transform the way we think, the way businesses operate and the way people interact.”

The company’s investments in the area of artificial intelligence are not new.

In 2015, Microsoft announced a $2 billion fund to help fund AI-driven technology for the healthcare sector, as well as $1 million in a $500 million AI investment for the health care sector in 2020.

The company is also looking to expand its involvement in AI research and software development, Nadell said.

Nadell noted that Microsoft has already invested in companies that make AI-based products for medical devices, such as Microsoft’s Cortana, which is used by hospitals to manage and monitor patients’ health.