Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...
Amazon (AMZN) reported its fourth quarter results after the bell on Thursday, beating on the top and bottom lines, but ...
E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...
Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...
Yes, that was two years after the GenAI big bang, but Microsoft’s on-premises server business, which is largely transactional in nature, is taking a backset to GenAI in general and to Azure in ...
Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) ...