Posted 1/29/2024, 6:50:23 PM
Microsoft Earnings Ride High on AI Wave, But Regulation Risk Looms
- Microsoft to report Q2 earnings on Tuesday; stock up 50% in past year due to AI investments
- Forecasts call for earnings, revenue, and cloud growth versus last year
- Microsoft monetizing AI via Copilot and other services; opened Copilot to more business customers
- Microsoft, Google, Amazon pouring billions into AI with new products and services
- Generative AI technology facing backlash over inappropriate content, prompting regulation calls