Tech

Microsoft announced significant financial returns from its artificial intelligence investments, including a $3.2 billion gain from Anthropic, while its OpenAI investment presented a mixed bag with a quarterly markdown but strong annual performance. The tech giant is increasingly competing with both OpenAI and Anthropic by developing its own AI models and infrastructure. This strategy is proving successful, with Azure cloud revenue surpassing $100 billion for the first time, largely driven by AI demand, contrasting with Meta's substantial AI spending leading to a cash flow deficit.

4 hours ago