Tech Execs are Telling Investors They Have to Spend Money To Make Money on AI
It used to be a large week for tech earnings, with Microsoft, Meta, Alphabet, Amazon, and Apple all reported over the previous few days. Artificial Genius (AI) was on everyone’s lips. One theme traders heard repeatedly from top execs is that, when it comes to AI, they have to spend money to make money. “We go from talking about AI to making use of AI at scale,” Microsoft CEO Satya Nadella stated on his company’s profits name on Tuesday. […]
