Artificial intelligence
Artificial intelligence
Artificial intelligence
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The source of revenue of the giant of the highest generation by 12% to 69. 6 billion dollars, but investors show their nerves after a long boom for technological actions.
By Karen Weise
Karen Weise has Microsoft since 2018.
Investors were concerned about the amount of cash that large technological corporations are spending on synthetic intelligence did not get much Microsoft relief when it reported their newer monetary effects on Wednesday.
In its most recent quarter, which ended on Dec. 31, Microsoft kept up its rapid drive to build data centers to power cloud computing and artificial intelligence. It spent $22.6 billion on capital expenses, almost twice as much as a year earlier.
Microsoft has said it would spend around $80 billion in data centers this fiscal year, which ends in June. It is sprinting because it has said it does not have enough capacity to meet customer demand for artificial intelligence and cloud computing services.
The expense came here amid the general profits and the expansion of profits for the technological giant. Income reached $ 69. 6 billion, 12% more than the previous year. The profile increased 10% to $ 24. 1 billion. The effects exceeded Wall Street expectations and Microsoft’s own forecasts.
“We expand our opportunity and win new clients,” Satya Nadella, Microsoft managing director in a press release.
Spending among giant tech corporations has become more pressing after a Chinese startup, Deepseek, surprised Wall Street this week with an A. I. System that the company claimed evolved for a fraction of the strength and prices of major tech corporations.
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