Meta and Microsoft: AI's Spending Champs Won't Be Tapping the Brakes

Microsoft and Meta Platforms, seemingly disparate in their operations, share a common vision: a robust investment in artificial intelligence. Both companies remain committed to substantial AI development without any intention to decelerate. Recent financial disclosures show that Microsoft, a well-established corporate software provider, and Meta, the entity managing Facebook and Instagram, have reported encouraging results for the quarter ending in September. Both companies experienced significant revenue growth and marked improvements in operating profits, surpassing Wall Street's expectations for the period.