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New AI ‘Asset-Heavy’ Business Model Poses Hidden Risks to the US Economy


Greg Ip, WSJ’s Chief Economics Commentator, estimates that even with the recent results from companies that have bolstered their earnings by embracing AI, this new “asset-heavy” business model is draining tech-based and other companies of free cash flow and straining investors....

Xbox Game Pass Makes $5 Billion As Microsoft Reports Massive Growth


Microsoft has announced that Game Pass has hit almost $5 billion in revenue over the last fiscal year, with 500 million active users. In fact, the whole of Microsoft has just reported annual revenue of $76.4 billion, up 18 percent on the previous year. These figures are being announced less than...

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