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Microsoft's AI diagnostic system correctly diagnosed complex medical cases in a simulation more than twice as often as generalist physicians, according to a study published Thursday in Science. Mustafa Suleyman, Microsoft AI's CEO, called the result a step toward “medical superintelligence.
Artificial intelligence has become Wall Street's biggest investment opportunity and potentially its biggest vulnerability. Technology companies are committing hundreds of billions of dollars to data centers, chips, and computing infrastructure, betting that AI will transform the economy.
Alphabet, Microsoft, Arista and Ciena are poised to benefit from booming cloud computing demand, fueled by AI adoption and expanding infrastructure.
Azure demand is outpacing supply, the commercial backlog just hit a staggering new level, and Wall Street has almost no sellers on record. Whether that setup translates into a real breakout depends on one factor most investors are overlooking.
These companies have outstanding track records and excellent prospects.
Heavier artificial intelligence (AI) spending plans are overshadowing a strong quarter at Meta Platforms (NASDAQ:META | META Price Prediction), where revenue and guidance both topped expectations. Meta Platforms stock is at $677.20, down 3% in morning trading.
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Microsoft keeps raising its dividend, growing Azure at record pace, and pouring tens of billions into data centers every quarter. The question is whether that spending builds an unbreakable lead or sets up a very expensive stumble.