Rattled wall street with disappointing forecasts, making it clear that the billions its spending on Artificial Intelligence could take years to pay off. Well, in the last few hours weve had news from two more tech giants that has certainly calmed those nerves. Microsoft, now the worlds most valuable company, and alphabet, which owns google, have both seen their profits jump thanks to demand for al. Lets show you the details. In the three months to the end of march, microsoft made almost 22 billion. Thats up 20 on this time last year and alphabet made more than 23 billion over the same period. Thats a jump of 57 on last year. Erin delmore has more from new york. Among the dozens of Companies Reporting First Quarter earnings on thursday, alphabet and microsoft took centre stage. Both Beat Expectations on earnings and revenue, thanks in no small part to investments in Artificial Intelligence. One Stand Out Spot for alphabet was google cloud revenue, whichjumped 28 in 01. A lot of Generati
Former British prime minister David Cameron’s shock return to government as Foreign Secretary has been widely criticised as a bold and potentially risky move.
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