Tech CEOs wax poetic on AI, big adds to sales will take time

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Reuters UK

By Noel Randewich and Akash Sriram (Reuters) – Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday suggested that any substantial additions to sales will be slow. The tech behemoths have launched an array of products that they promise are packed with generative AI, which creates brand new content – text, image, code – from past data. The term became a buzzword after Microsoft-backed firm OpenAI released ChatGPT, a chatbot that writes human-like responses. “The World’s most advanced AI m…

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