General Motors beats quarterly results targets, raises forecast
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World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligenceProfits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the latest quarter.The technology giant has invested billions of dollars into AI in a bid to turbocharge its growth, particularly of its cloud computing services. Its cloud computing revenue surged by more than 20%. Continue reading
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Microsoft Q3 2024: Xbox, Surface Revenue Down; Office, Cloud Bring Biggest Business
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TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
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