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Microsoft Continues to Spend Big on A.I. While Profit Jumps 60%
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 7 percent in after-hours trading.... read more
Tesla Profit Slumps, but Investors May Not Care
The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.... read more