Microsoft beats Wall Street expectations for fourth quarter in a row amid AI boom

Tech giant has committed to investing $80bn in artificial intelligence this fiscal year as it reveals revenue of $70.07bnMicrosoft released its quarterly earnings report on Wednesday after the New York stock market closed, beating Wall Street’s expectations for the fourth quarter in a row amid a financial boom for artificial intelligence businesses.The company revealed revenue of $70.07bn and earnings of $3.46 per share. The result exceeded analyst predictions that revenue would grow to $6