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Meta & Microsoft earnings reports underline huge AI spending, raise profitability questions
Both Meta Platforms and Microsoft shared their latest quarterly results on Wednesday and showed they are still planning on sustained spending on artificial intelligence. Similarly, Telsa posted a drop in annual revenue for the first time in its history and announced a shift away from electric vehicles and towards AI and robotics. Meanwhile, hardware providers like Samsung Electronics are fuelling the boom in AI, and reaping the benefits.
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By FRANCE 24 English
5
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Both Meta Platforms and Microsoft shared their latest quarterly results on Wednesday and showed they are still planning on sustained spending on artificial intelligence. Similarly, Telsa posted a drop in annual revenue for the first time in its history and announced a shift away from electric vehicles and towards AI and robotics. Meanwhile, hardware providers like Samsung Electronics are fuelling the boom in AI, and reaping the benefits.
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