WHY MICROSOFT’S EARNINGS MISS WON’T STALL THE A.I. BOOM

Investors are worried about how much companies are spending on artificial intelligence, but the tech giant is sure that its efforts will pay off.

By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren Hirsch and Ephrat Livni

July 31, 2024

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Satya Nadella, Microsoft’s C.E.O., holds a hand under his chin as he listens to another speaker.
Satya Nadella, Microsoft’s C.E.O., said heavy spending on artificial intelligence was justified given the potential payoff, even if it may take years to turn into profits.Credit…Erin Schaff/The New York Times

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