Meanwhile, Meta Platforms Inc. got a more positive investor reception after saying it’s spending more than anticipated to build out its AI business. As part of its quarterly earnings report Wednesday, ...
Microsoft beat consensus on the top and bottom lines, as cloud growth moderated. The company had $37.5 billion in quarterly capital expenditures and finance leases, above Wall Street's $34.3 billion ...
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Microsoft shares tumble more than 6% in after-market trading Cloud revenue growth just squeaks past expectations Google Gemini and other AI offerings threaten market share Jan 28 (Reuters) - Microsoft ...
“We are only at the beginning phases of AI diffusion and already Microsoft has built an AI business that is larger than some of our biggest franchises,” said Satya Nadella, chairman and chief ...
Microsoft is facing capacity constraints, and OpenAI is driving a large portion of the backlog in its cloud computing business. The company said its backlog in commercial bookings, a metric referred ...