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Tech investors focus on profits after layoffs; companies to highlight AI

  • 📰 Reuters
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A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver.

, is set to post a first-quarter profit that is expected to increase eight times, when compared with the immediately previous quarter.

According to research firm YipitData, Amazon's North America sales are set to beat Wall Street estimates in the first quarter.

Microsoft has integrated OpenAI's ChatGPT technology into its search engine Bing, pitting it against market leader Google.Amazon's cloud division AWS, the world's largest, has released a suite of technologies aimed at helping other companies develop their own chatbots

 

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