Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
Source: New York Times
Microsoft gave more signs on Thursday that its hefty investments in artificial intelligence were beginning to bear fruit, as it reported a 17 percent jump in revenue and a 20 percent increase in profit for the first three months of the year.Revenue was $61.9 billion, up from $52.9 billion a year earlier. Profit hit $21.9 billion, up from $18.3 billion. The results beat Wall Street’s expectations.A year after…
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