Big Cloud is making bank - Is this AI, price rises, or what?
Briefly

Alphabet and Microsoft showed significant profit and sales increases, while Atlassian and IBM also reported growth. Meta faced challenges as it struggles to make its AI efforts profitable, and Intel experienced a drop in stock price.
The impact of AI on the financial performance of Big Tech companies is evident from the latest quarterly reports, reflecting varying degrees of success and challenges in realizing profitability from AI investments.
Read at Theregister
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