Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent

/ ai, AI (Artificial Intelligence), Artificial Intelligence, Cloud Computing, Company Reports, Computers and the Internet, data centers, Microsoft Corp, Nadella, Satya, OpenAI Labs / By hi@aiweekly.co.in

The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.