After Tuesday's market close, $Microsoft(MSFT)$ reported results for its fiscal 2023 fourth quarter and full year ended June 30. Highlights that beat market expectations: Q4 revenue grew 8% year-over-year to $51.9 billion, ahead of market forecasts of $54.9 billion, but slower than 12% growth in the prior year quarter. Operating income rose 18% to $24.3 billion, net income grew 20% to $20.1 billion, and diluted EPS increased 21% to $2.69, exceeding estimates of $2.56. Microsoft Cloud revenue was $30.3 billion, up 21% year-over-year or 23% in constant currency, slightly above the $30.05 billion expected. Key points to note: Full year revenue of $211.9 billion increased 7% annually, marking a significant slowdown from over 10% growth in each of the
Meta Teams Up with Microsoft to Open Source LLaMA2, How Far Can It Go?
$Meta Platforms, Inc.(META)$ announced this week that it will partner with major cloud computing providers including Microsoft to bring its large AI language model Llama 2 into commercial applications. This is indeed a major strategic move, signaling that Meta is actively transforming its business for the future. 1.Llama 2 Competes with ChatGPT According to Meta's official data, Llama 2 has 40% more training data compared to the previous version, and includes 70 billion, 130 billion and 700 billion parameter versions. Llama 2 pre-trained models were trained on 200 trillion tokens, with context length twice as long as Llama 1. Its fine-tuned models have already been trained on over 1 million human annotations. Similar to ChatGPT, Llama 2 also went
Microsoft's new AI product disrupts the office software industry
This Microsoft 365 Copilot sounds awesome. It can automatically provide writing and data analysis assistance in Word and Excel, and understands suggestions for improvement. This AI technology is quite advanced. Moreover, Microsoft has made it an online subscription service this time, and an account costs 30 dollars a month. I feel very optimistic about the commercial value and income potential of this product. Microsoft 365 Copilot ganha programa de acesso antecipado a ferramentas com inteligência artificial - Tudocelular.com Didn’t Microsoft’s stock price keep hitting new highs some time ago? This time, such a powerful AI product can be used to integrate their Azure cloud service, which is estimated to help their cloud computing business also bring a lot of growth. Personally, I am still