SYDNEY, AUSTRALIA - APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on April 23, outlining a vision for Australia to become a critical hub for AI innovation rather than simply a consumer market for Microsoft's products. (Photo by George Chan/Getty Images)

SYDNEY, AUSTRALIA - APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on April 23, outlining a vision for Australia to become a critical hub for AI innovation rather than simply a consumer market for Microsoft's products. (Photo by George Chan/Getty Images)

SYDNEY, AUSTRALIA - APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on April 23, outlining a vision for Australia to become a critical hub for AI innovation rather than simply a consumer market for Microsoft's products. (Photo by George Chan/Getty Images)

(FILES) Tesla electric vehicles, including the Cybertruck, charge at stations during the opening of the Tesla Diner and Drive-In restaurant and Supercharger on Santa Monica Blvd in the Hollywood neighborhood Los Angeles, California on July 21, 2025. Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues significant investments in autonomous transport and artificial intelligence. (Photo by Patrick T. Fallon / AFP via Getty Images)

(FILES) Tesla Cybertruck electric vehicles sit parked in a storage lot in San Diego, California on April 11, 2025. Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues significant investments in autonomous transport and artificial intelligence. (Photo by Patrick T. Fallon / AFP via Getty Images)

(FILES) CEO of SpaceX and Tesla, South African-Canadian-US businessman Elon Musk speaks during the World Economic Forum (WEF) annual meeting in Davos on January 22, 2026. Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues significant investments in autonomous transport and artificial intelligence. (Photo by Fabrice COFFRINI / AFP via Getty Images)

Michael Harris, Vice Chairman and Global Head of Capital Markets for the NYSE Group speaks during a press conference at the New York Stock Exchange (NYSE) in New York City on April 22, 2026. (Photo by ANGELA WEISS / AFP via Getty Images)

Michael Harris, Vice Chairman and Global Head of Capital Markets for the NYSE Group speaks during a press conference at the New York Stock Exchange (NYSE) in New York City on April 22, 2026. (Photo by ANGELA WEISS / AFP via Getty Images)