Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, ...
Investors worried about how much money big technology companies are spending on artificial intelligence did not get much ...
Microsoft shares dropped 5 per cent, while Meta was up 2 per cent after their October-December Q1 results, both companies posted profits, according to AP reports.
The company reported revenue of $69.6 billion and earnings of $3.23 per share, compared to the consensus estimates of $68.8 billion and $3.11, respectively.
The chief executives of Microsoft and Meta defended their hefty investments on artificial intelligence, days after Chinese ...
In Q2 FY2025, Microsoft outperformed top and bottom line estimates, with total revenues increasing +12% y/y to $69.6B (vs.
Microsoft's AI business now generates $13B annually in revenue, up 175% YoY. Despite strong earnings, weak cloud forecasts sent shares down.
Quarterly profit rose less than expected, but Chief Executive Elon Musk reiterated his vision of Tesla becoming the world’s most valuable company thanks to ro ...
Microsoft Corp. said its cloud-computing business will continue to grow slowly in the current quarter as the company ...
Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data ...
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...