Both Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) have seen their respective cloud computing segments, Azure and Amazon Web Services (AWS), benefit from the initial artificial intelligence (AI) boon as customers use these platforms to build their own AI solutions. Last quarter, Azure revenue climbed 29% year over year, while AWS revenue jumped 19%.
Along with cloud services, both companies are also trying to implement AI into other parts of their businesses to both grow the business […]
As Microsoft and Amazon Look to Benefit From AI Outside of Cloud Computing, Are the Stocks Buys?