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Big Tech is spending more than ever on artificial intelligence - but the returns are rising too, and investors are buying in.
Microsoft and Meta are poised to invest approximately $70 billion each in AI this year, leading to investor examination ...
Wedbush raised its price target on Microsoft's (MSFT) stock to $625 from $600 reflecting an "eye popping cloud and AI ...
Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier.
Alphabet's valuation could soar thanks to the artificial intelligence (AI) initiatives at Google Search and Google Cloud.
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
By Echo Wang and Jaspreet Singh (Reuters) -Meta Platforms forecast third-quarter revenue well above analysts' estimates on ...
Microsoft researcher Kiran Tomlinson clarified that the intention behind the study was to assess how AI can support, not ...
Microsoft reported better-than-expected growth in its cloud business, and its closely-watched Azure cloud-computing unit posted a 39% rise in sales, handily beating the 34% analysts expected.