Microsoft, Meta CEOs defend hefty AI spending

AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, ...
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...
Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Microsoft CFO Amy Hood had a message for Microsoft employees amid the DeepSeek and Stargate news, internal memo shows.
Microsoft will report its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things ...