Meta & Microsoft earnings reports underline huge AI spending, raise profitability questions

Each Meta Platforms and Microsoft shared their newest quarterly outcomes on Wednesday and confirmed they’re nonetheless planning on sustained spending on synthetic intelligence. Equally, Telsa posted a drop in annual income for the primary time in its historical past and introduced a shift away from electrical automobiles and in the direction of AI and robotics. In the meantime, {hardware} suppliers like Samsung Electronics are fuelling the growth in AI, and reaping the advantages.



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