X Microsoft CEO Satya Nadella enjoys an astronomical new compensation package, snubbing Windows and Surface in his shareholder address

What you need to know

  • Every year, Microsoft CEO Satya Nadella pens a letter to shareholders, giving an overview of the company’s future-facing opportunities as they enter a new fiscal year.
  • This year, AI dominated Nadella’s discussions heavily, with some footnotes for Xbox gaming, LinkedIn, and other growth areas.
  • Notably, Satya Nadella only mentioned Windows once in the piece (in the context of its struggling Copilot+ PCs), and mentioned Surface not once — a sign of the times.
  • Additionally, Nadella’s compensation package hit an astronomical $79.1 million dollars, with the vast majority being delivered in Microsoft stock.

It’s 2024, so we’re talking about AI. You’re talking about AI, you’re reading about AI, and every tech CEO in the world is yelling about AI. That includes Microsoft CEO Satya Nadella.

In Nadella’s annual address to shareholders (via LinkedIn and Tom Warren), the leader of one of the world’s most valuable trillion-dollar companies had a ton to say about AI, mentioning the phrase 152 times in his yearly letter. Microsoft’s Copilot platform recently had a bit of a relaunch, although it remains far less popular than OpenAI’s ChatGPT with consumers, and will arguably continue to lag behind the competition as Microsoft’s relationship with OpenAI (which provides the models that powers Copilot) continues to fray. One area where Microsoft has been performing far better is business-grade AI, with Azure, Github, Visual Studio, Microsoft 365, and other tools gaining ever-increasingly deep integrations there.

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