Microsoft CEO Satya Nadella wants companies to build "token capital" alongside human capital, meaning their own AI capabilities built on internal data and proprietary learning loops. Without it, he warns, a few large models could absorb the value of entire industries. The argument also happens to line up with the business logic of his own Azure platform.

Tech News News: Microsoft CEO Satya Nadella is asking the company's employees to be smarter about their use of artificial intelligence (AI). The chief executive of th.

Microsoft CEO Satya Nadella is warning against "token-maxing," throwing the most powerful AI models at every problem. Frontier models shouldn't be wasted on everyday tasks, he…