( ) -q-25- UNDATED (Correspondent Jeremy House) “company’s annual revenue.” Microsoft reports its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off. [CutID: <Cuts> MICROSOFT-AI-house-q-THUam.mp3 Time: 25s Title: MICROSOFT-AI-house-q-THUam Out-cue: company’s annual revenue] TAG: Correspondent Jeremy House reporting. —————————– VERBATIM: The […]
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Microsoft reports quarterly sales up 16% to $65.6 billion
( ) -q-25- UNDATED (Correspondent Jeremy House) “company’s annual revenue.”
Microsoft reports its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off.
[CutID: <Cuts> MICROSOFT-AI-house-q-THUam.mp3
Time: 25s
Title: MICROSOFT-AI-house-q-THUam
Out-cue: company’s annual revenue]
TAG: Correspondent Jeremy House reporting.
—————————–
VERBATIM: The company has spent billions of dollars to expand its global network of data centers and other physical infrastructure required to develop AI technology. That technology would compose documents, make images and serve as a lifelike personal assistant at work or home. Microsoft’s CEO says as a result, AI-related products are now on track to contribute about $10 billion to the company’s annual revenue.