Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech
by #AI July 26, 2023 · Automatic
A number of US big tech companies fell on Wednesday as Microsoft’s results signaled how the high-stakes battle for AI supremacy will cost the tech giants that have seen their shares rally in recent months on hype around the technology. Microsoft’s shares fell 3.6 percent in early trading as the company laid out an aggressive AI-related spending plan.
Author: . [Source Link (*), Gadgets 360]
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