News > Global tech giants’ thrust on AI starts yielding dividends

Global tech giants’ thrust on AI starts yielding dividends

Firms like Microsoft, Google, and IBM among others have shown improvement in their performances during their period. The 2023 lull in technology spend has made way for a steady rise in cloud, artificial intelligence and other digital transformative projects. Moreover, the huge investments in the AI space have started yielding results. For instance, Google management has indicated that their monetisation plans from AI-powered solutions are accelerating.