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Microsoft Has Lost Its AI Sparkle
- mancerayder 9mo agoTakeaways by Bloomberg AI Microsoft's early mover advantage in AI has run its course, and its shares have fallen by about 11% since their peak last October. The company's quarterly results were disappointing, with capital expenditures coming in higher than expected, which led to a decline in shares in after-hours trading. Microsoft is facing pressure to show a return on investment in AI, and its advantages in the industry are dwindling, with other companies like Google and Anthropic making significant progress.