Microsoft and Google-parent Alphabet talked up investments in artificial intelligence for the second-quarter in a row, but their results suggested that any substantial additions to sales will be slow
talked up investments in artificial intelligence for the second quarter in a row but their results on Tuesday suggested that any substantial additions to sales will be slow.
"The world's most advanced AI models are coming together with the world's most universal user interface - natural language - to create a new era of computing," Satya Nadella, Microsoft's chief executive officer, said in a statement on Tuesday.
"Lots more to come," Alphabet boss Sundar Pichai said on Tuesday, after he mentioned some of the products the company launched last month, including Bard, Google's answer to ChatGPT-powered Microsoft search chatbot Bing. "I mean the announcements are there and things will move quickly. But I think it's going to take some time to see real meaty results," said Thomas Martin, a senior portfolio manager at Globalt Investments.
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