AI hype has consumed the business world—and driven some consumers to the point of AI fatigue—but Wall Street is still obsessed with the technology and eager to learn what it will mean for companies’ bottom lines.
The topic of AI dominated Microsoft’s call with investors and analysts after the tech giant and OpenAI investor published stellar earnings on Tuesday. Of the eight analysts that executives took questions from, six asked about AI, the company’s Copilot AI product, or how AI is shaping the overall business. That curiosity is no surprise. For all the AI noise, few earnings reports have yet to quantify the power of the technology.
