Microsoft and Alphabet just proved AI boom has room to run
Google CEO Sundar Pichai and Microsoft CEO Satya Nadella both attributed part of their strong quarterly performance to their companies' investment in AI.
Justin Sullivan, Ethan Miller/Getty Images
- Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations.
- Their CEOs said that their profits are in part thanks to their companies' investments in AI.
- This is going to be "a goldmine situation for them," Wedbush's Dan Ives told CNBC.
Investors...
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