Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent after CEO Mark Zuckerberg assured ...
Microsoft (NASDAQ:MSFT) demonstrated the ability to monetize artificial intelligence outside of infrastructure in its second quarter fiscal 2025 earnings results. Still, shares were down 5% during ...
CFO Susan Li said most of this spending will support both generative AI initiatives and Meta's core business. Microsoft CEO Satya Nadella highlighted AI's growing role, calling Azure the ...
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