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The Nexus
BUSINESSJul 30 · 12:19 UTCBUSINESS INSIDERDan DeFrancesco ([email protected])

Meta and Microsoft's AI spending: a tale of two earnings reports

Meta's AI spending increased to $31.1 billion, causing a significant drop in free cash flow and a 10% stock decline, while Microsoft maintained its AI budget and saw an 8% stock rise after reporting Azure and Microsoft 365 Copilot successes.

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MetaorganizationMicrosoftorganizationSatya NadellapersonMark ZuckerbergpersonAmy HoodpersonAzureproductMicrosoft 365 CopilotproductAItopic
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