In a positive development that eased investors’ concerns regarding Microsoft’s expenditure on artificial intelligence (AI) technology and its lack of corresponding revenue from cloud services, the tech giant reported impressive financial results after market close yesterday. These figures have helped to alleviate any anxieties surrounding AI infrastructure expenses without commensurate earnings in this area for Microsoft’s cloud division.
Microsoft Calms Fears About Unprofitably Spent Artificial Intelligence Expenses with Strong Financial Results
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