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MSFT
New York Post
41 days

Microsoft says slashing jobs and using AI helped it save $500M: report

1. Microsoft saved over $500 million using AI in call centers last year. 2. Almost 4% of workforce to be laid off amid cost-cutting and AI investments. 3. AI is responsible for 35% of new product code generation, enhancing productivity. 4. Microsoft plans to invest $80 billion in data centers for AI capacity. 5. Big tech is heavily investing in AI while cutting costs to improve profitability.

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FAQ

Why Bullish?

Microsoft's substantial cost savings from AI could boost profit margins and investor confidence. Historical performance shows that efficiency gains often lead to stock price appreciation in tech firms.

How important is it?

The article details significant cost-saving measures and AI investments that directly relate to Microsoft's financial health and market position. Given the importance of AI as a growth driver, this information is critical for investors.

Why Long Term?

Investments in AI infrastructure and cost-cutting measures will likely yield benefits over an extended period. Historical trends show that long-term capital investments in expanding tech capabilities often lead to sustained growth.

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