Published: Nov 01, 2024, 05:45 IST | Updated: Nov 01, 2024, 05:45 IST
World Business Watch Nov 01, 2024, 05:45 IST
AI Investments Raise Red Flags for Investors
In tech earnings, Microsoft and Meta beat forecasts, but both raised concerns over hefty Ai investments. Microsoft plans to spend $80 billion this year, while meta warned costs could impact ad revenue. Meanwhile, Samsung saw profit growth but struggles in the Ai market.