Uncovering the Cost of AI: Microsoft’s Pricey Pursuit
Key Points:
– Microsoft’s fiscal fourth-quarter report exposes a whopping $19 billion expenditure in cash capital and equipment dedicated to AI.
– Despite the massive investment, profits from AI ventures are still far off on the horizon for the tech giant.
– This colossal spending surpasses what Microsoft used to allocate for acquiring entire companies in the past.
– Although AI holds immense potential, it seems like Microsoft is on a long and winding road before reaping significant financial rewards.
Final Thoughts:
Microsoft isn’t just dipping its toes into the AI pool; it’s diving in headfirst, equipped with a treasure chest of $19 billion worth of resources. The pursuit of AI may be costly, but the potential rewards could be equally substantial if Microsoft can weather the storm and emerge on the other side with profitable innovations. Only time will tell if this gamble on artificial intelligence pays off or if it turns out to be a financial sinkhole.
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https://futurism.com/the-byte/microsoft-losing-money-ai
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