Microsoft sees record third-quarter revenue thanks to AI digitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitimes.com Daily Mail and Mail on Sunday newspapers.
Microsoft outpaced expectations for its third-quarter revenue and profit, unveiled on Thursday. This success was largely fueled by the integration of artificial intelligence (AI) across its cloud services, propelling its shares to surge by more than 4 per cent during extended trading.
Microsoft results top targets, driven by AI investment rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Five big tech companies announced their quarterly financial results on Thursday with a jump in fortunes for Microsoft, Google and Snap, while those of IBM and Intel were more mixed.