Barclays Remains Bullish on Microsoft Corporation (MSFT)

Microsoft Corporation (NASDAQ:MSFT) is one of the most promising future stocks to buy now. On February 6, Barclays reiterated a Buy rating on Microsoft Corporation (NASDAQ:MSFT) and set a price target of $600.

In another development, Reuters announced on February 5 that Britain will work with Microsoft Corporation (NASDAQ:MSFT), experts, and academics for the development of a system that detects deepfake material online, marking a move to set standards that tackle deceptive and harmful AI-generated content. It added that although the circulation of manipulated material online has been around for decades, the rapid adoption and widespread use of GenAI chatbots have significantly increased both the realism and scale of deepfakes.

The framework would evaluate the use of technology to understand, detect, and assess harmful deepfake materials, irrespective of sources, through a testing of deepfake detection technologies against real-world threats such as fraud, sexual abuse, and impersonation.

Britain recently criminalized the creation of non-consensual intimate images, stating that work is underway on a deepfake detection evaluation framework that sets consistent standards for assessing detection tools and technologies. Technology Minister Liz Kendall said in a statement that:

“Deepfakes are being weaponised by criminals to defraud the public, exploit women and girls, and undermine trust in what we see and hear.”

Microsoft Corporation (NASDAQ:MSFT) develops and supports services, software, devices, and solutions. It operates through the Intelligent Cloud, Productivity and Business Processes, and More Personal Computing segments.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.