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Admittedly, Microsoft’s Azure cloud business has been positively impacted by the company’s AI ventures.
However, whether it justifies the billions invested in the category is unclear.
Image of AI in front of a PC
The ChatGPT maker might need another round of funding to remain afloat.
A recent study indicates that30% of AI projects might be abandoned after proof of concept by 2025.
It attributes its predictions to poor data quality,a lack of guardrails, andhigh operation costs.
For instance, Google’s quarterly expenditure was approximately $1 billion more than expected.
However, investors are interested in seeing how Microsoft will grow its revenue in the AI landscape.
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