Layoffs haven't stopped tech companies from investing in AI
Updated 04:53, 31-Jan-2023
Karina Mitchell

Microsoft is the latest company to deliver earnings forewarning of a darker economic landscape ahead.

Along with other tech giants, Microsoft is instituting cost-cutting measures to try and remain financially fit, including laying off thousands of its workers.

However corporate investment in new technologies like AI is still full-steam ahead despite, cutbacks in other areas.

Karina Mitchell reports from a recent New York trade show.

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