Microsoft Profit Increases 18% While It Slows A.I. Spending
Source: New York Times
Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what one industry analyst called “the largest infrastructure build-out that humanity has ever seen.”But after 10 consecutive quarters of increased spending for artificial intelligence, the company has put on the brakes, according to financial results released Wednesday.In the first three months…
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Read the original source at New York Times