Microsoft and Meta drive an increase of 500 billion dollars in AI -related shares • Technology • Forbes Mexico

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The heavyweights of artificial intelligence on Wall Street added half a billion dollars in stock value at the end of Wednesday, after Microsoft and Metrastral reports of Platforms demonstrate that their huge investments in this emerging technology are fruitful.

In operations after closing, Microsoft rose 8% and target shot 9%, with these two companies of the group “Seven Magnificent” increasing their market values by 288 billion and 152 billion dollars, respectively.

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The main chips manufacturer for AI, Nvidia, the most valuable company in the world, rose 1%, while Amazon, which will publish its results on Thursday, won more than 2%.

The actions of the most valuable companies in the US market have increased significantly in recent years, as they compete for leading the artificial intelligence sector. Its huge investments have left investors eager to see results.

Promoting last minute enthusiasm for AI -related shares, a goal forecast quarterly income well above the expectations of Wall Street and raised the lower limit of its annual forecast of capital expenses, promoted by its ambitious, committed to “superintelligence” in the intense career for AI.

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Microsoft also presented an exceptional quarterly report, with its Azure cloud computing business by promoting income above what is expected and demonstrating the growing returns of their bets in artificial intelligence.

With Reuters information.

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