Brad Smith defends Microsoft layoffs, addresses AI’s role, and explains the company’s $4B workforce initiative amid a major tech transition.

Be it Azure’s dominance, Copilot’s spread, or its massive data center bets, Microsoft is marching forward with considerable aplomb. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter💰💵 Despite the uncertainty,

Microsoft plans to donate $4 billion worth of cash, technology and training to enhance artificial intelligence education, a substantial bequest as the Redmond software giant aims to make billions more off a technology it expects to be on par with the introduction of electricity.

Microsoft said it would provide cash, artificial intelligence tools and computing services to schools, colleges and nonprofit groups.

Microsoft President Brad Smith speaks at a special event Wednesday morning in Seattle announcing the company's new Microsoft Elevate skilling initiative.

Microsoft’s chief commercial officer Judson Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone.

We're announcing Microsoft Elevate and the AI Economy Institute—to ensure that as AI transforms our world, we’re putting people first by equipping them with the skills, knowledge, and tools to thrive with AI.

A group of leading tech companies is teaming up with two teachers’ unions to train 400,000 kindergarten through 12th grade teachers in artificial intelligence over the next five years.

The sustaining growth of the company’s AI revenue and cloud platform Azure are not fully priced into the stock, Oppenheimer analysts said.