Microsoft's slow cloud growth signals AI payoff will take longer

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Another sign the payoff from hefty investments in the technology may take longer than Wall Street had hoped.

Microsoft's slow cloud growth signals AI payoff will take longer
Microsoft said it would spend more money this fiscal year to build out AI infrastructure even as growth slowed in its cloud business, another sign the payoff from hefty investments in the technology may take longer than Wall Street had hoped. Shares fell 7 percent on the spending forecast but ...

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