Microsoft and Google’s AI success dampened by rising cost warning
Shares in both Alphabet and Microsoft fell despite reporting overall revenue and earnings that exceeded estimates.
31 January 2024
31 January 2024
Shares in both Alphabet and Microsoft fell despite reporting overall revenue and earnings that exceeded estimates.
The company offers a no-code platform that enables businesses to enhance interactions and drive efficiency through AI.
The companies plan to establish production technology for the cutting-edge chips by 2027.
Tencent has fallen behind its gaming rivals due to some underwhelming new releases.
The German government has pledged close to a billion euros over the course of the next two years for AI research.
Microsoft is expected to contribute approximately $95m, while OpenAI is set to invest around $5m.
Global advertising giant WPP announces it will invest £250m in AI technology.
The company's branded products face challenges from competitors like Apple.
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