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Al Jazeera

Technology

Microsoft, Google post double-digit profit rises, boosting case for AI

Google Microsoft Alphabet Sundar Pichai Amazon

Google's parent Alphabet beat expectations with its profit in the first quarter [Lionel Bonaventure/AFP]

Google and Microsoft have reported double-digit profit increases, buttressing the case for the tech giants’ heavy investment in artificial intelligence (AI).

The quarterly results announced on Thursday by Google parent Alphabet and Microsoft came in ahead of expectations, sending their shares 11 percent and 4 percent higher, respectively, in after-market trades.

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