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flag Tech giants invest $240B in AI, with Microsoft reaching a $4T valuation but laying off 15,000.

flag Three major tech companies, including Microsoft, Meta, and Google, are investing heavily in AI, with Microsoft's market value hitting $4 trillion, the second company after Nvidia to reach this milestone. flag Microsoft's Azure cloud service saw a 34% revenue increase to $75 billion, driving its record-breaking earnings and stock surge. flag Meanwhile, Meta CEO Mark Zuckerberg aims to develop 'superintelligence,' though it's unclear how this will impact their financials. flag Both companies' investments in AI are expected to fuel future growth but also increase expenses.

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