Investments in artificial intelligence (AI) are continuing to fuel the tech sector boom after strong earnings for Google, Microsoft, and Snap but Meta suffered a plunging share price despite a positive first quarter. As reported by Fast Company, AI is proving to be the catalyst for growth as investors prosper from the advantages gained by the new technology. Snap’s earnings report sent its share price soaring, up more than 30%, with an upbeat outlook advised.
Ai Business Is Booming For Microsoft And Google, But Some Rivals Falter
Graeme Hanna, ReadWriteWeb
Fri, 04/26/2024 - 5:52am
Topics: fast company snap s google-parent azure satya microsoft copilot alphabet ceo sundar there s facebook messenger instagram whatsapp threads 25 apr ceo mark zuckerberg s compared alphabet image ideogram readwrite ai google microsoft snap meta company snap nadella copilot microsoft alphabet pichai the zuckerberg billion share earnings tech price spending computing shares significant infrastructure suffered quarter revenue losses cloud reported technology profits continue enjoyed era increase million investors
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