Microsoft has ramped up its efforts in the generative AI space over the past few years, especially after making its first investment in OpenAI back in 2019. While AI seems like the hot thing in tech right now, it's unclear whether the software giant's deep integration of Copilot across its tech stack is actually paying off.
And now, a new report by Bloomberg suggests Microsoft could be facing its worst quarter since the 2008 financial crisis if it continues blowing money on AI that isn't meeting investor expectations for returns.
