The past week was a rollercoaster ride for the tech industry, with giants like Microsoft Corporation, Apple Inc, and Meta Platforms Inc releasing their quarterly earnings. Meanwhile, Chinese AI startup DeepSeek made a surprising move towards Nvidia Corp’s chips, and OpenAI Inc. is reportedly in talks with its major suppliers for a massive funding round.
Let’s dive into the details.
Microsoft’s Q2 Earnings: A Cloud-Powered Success
Microsoft’s Q2 financial results, released after market close on Wednesday, showcased a significant 26% growth in cloud revenue. The tech giant’s CEO hinted that they are just at the “beginning phases of AI”.
Apple’s Q1 Earnings: iPhone Demand Skyrockets
Apple’s Q1 earnings report, released on Thursday, revealed …