AI bets pay off as Microsoft and Alphabet profits surge
siliconrepublic.com/business/microsoft-earnings-google-alphabet-ai-cloud
Both companies attributed their recent gains to their AI focus, while their dominance of the cloud market continues to grow.
AI continues to be a boon for some of its biggest adopters, as both Microsoft and Google parent company Alphabet have both reported strong quarterly growth.
Microsoft’s third fiscal quarter ended 31 March saw revenue reach nearly $62bn, an increase of…
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