(Bloomberg) -- Artificial intelligence is still in a “mainframe era” in which computing power is concentrated in a few companies’ hands, Microsoft Corp. Chief Executive Officer Satya Nadella said in a presentation in Munich Monday.

The computer industry is “worshiping” technology companies that can simulate real-world processes using AI software, but to become more useful the techniques need to be available to more users, as PCs and mobile devices over time displaced centralized computing,  Nadella said in a speech at the DLD technology conference. 

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