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AI slowdown? Big Tech earnings are telling a different story.

  • Microsoft and Meta reported strong earnings, indicating their continued heavy investments in AI technologies.
  • Despite reports of a possible slowdown in AI demand, both companies showed no signs of slowing down their AI investments.
  • Microsoft and Meta's increased capital expenditures reflect their commitment to meeting the high demand for AI services from customers.
  • Other tech giants like Google also demonstrated strong revenue growth in their AI-focused cloud units, suggesting that the AI trend is still going strong in the tech industry.

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