Reported about 9 hours ago
Microsoft's recent earnings report shows a decline in cloud revenue, but highlights the company's robust investment in artificial intelligence (AI), with capital spending reaching $22.6 billion. Analysts indicate that this spending is a response to the fast-evolving tech landscape and uncertainty regarding computational needs, dispelling concerns that major tech companies are pulling back on AI investments. The report also discusses the potential impacts of China's new AI model on US companies, suggesting that advancements by rivals like DeepSeek might offer opportunities for Microsoft.
Source: YAHOO