As Databricks touts demand for AI services, all eyes are on Microsoft’s and Alphabet’s Q3 results

Trending 1 month ago

Earnings play is officially here, folks!

Microsoft and Alphabet will study their third-quarter financial results aft nan doorbell today, and Meta and Amazon will study later this week. And we can’t hold to find retired if these companies will study a worldly betterment from their investments successful AI-related computing tasks and products.

The Exchange explores startups, markets and money.

Read it every greeting connected TechCrunch+ aliases get The Exchange newsletter each Saturday.

We asked a akin mobility earlier Q2 2023 results came out and recovered that while nan costs related to AI activity were piling up, nan resulting gross was much a truth of nan early than nan present. Will we spot akin themes this clip arsenic well?

You see, there’s a large quality betwixt customers being excited astir a caller exertion and tech really bringing successful gobs of revenue. We’re hoping to find retired really quickly immoderate of nan largest and richest tech companies are capable to person this marketplace liking astir AI to revenue.

Big Tech’s expertise to waste AI-powered devices and services will show america beautiful intelligibly conscionable really fresh nan tech-buying marketplace is to walk connected caller software. For startups, then, a coagulated consequence from Microsoft and Alphabet connected nan AI beforehand would beryllium awesome news. On nan different hand, yet different 4th of Big Tech companies spending heavy connected infrastructure paired pinch discussions of early gross would beryllium little bullish.