Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
Microsoft Reports 10% Quarterly Profit Growth as It Works to Show AI Investments Paying Off Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to ...
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its vital cloud computing business. Microsoft revenue grew to $69.6 billion ...
Microsoft's Xbox content and services business grew 2%, compared with 61% in Microsoft CEO Satya Nadella told Wall Street that the company is focused on improving profits in its video game business.
Microsoft said Wednesday that its profit for the October-December quarter grew 10% as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence ...
Microsoft rivals Amazon, Google and OpenAI have also been spending billions of dollars on AI even though it remains unclear how and when they expect to profit from those investments. Meanwhile ...
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