May 6, 2024
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Powell Says AI Is Different From Dotcom Bubble And Is Major Source Of Economic Growth
Federal Reserve Chair Jerome Powell said on Wednesday that the artificial intelligence boom is different from the dotcom bubble of the late 1990s.
Microsoft Prepares To Spend More On AI As Its Sales And Profit Surge
Microsoft on Wednesday reported its quarterly sales grew 18% to $77.7 billion, beating Wall Street expectations while also surprising some investors.