Why Microsoft's Earnings Miss Won't Stall the A.I. Boom
Briefly

Microsoft's heavy spending on artificial intelligence was justified given the potential payoff, even if it may take years to turn into profits.
Analysts believe Microsoft is in a better position than its rivals in the A.I. space, and investor enthusiasm for A.I. remains strong over the long term.
Microsoft's capital expenditure on A.I. efforts has significantly increased, with $19 billion spent last quarter and $35.4 billion for the fiscal year, aiming to meet the soaring demand.
Read at www.nytimes.com
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