Cash is king as investors draw new battle lines in AI spending boom

FILE PHOTO: An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo

Oct 29 (Reuters) - Cash flow ⁠is king again.

Wall Street rewarded Microsoft and Oracle on Wednesday for showing that they could fund their enormous AI ambitions without endlessly tapping investors.

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China boosts self-driving push with VW, Xpeng technology trials

Dropbox plans 9% workforce cut, technology chief to exit

Bomba to boost operational capabilities, explore new technologies, says DG

资料照片：2023年7月6日，在中国上海举行的世界人工智能大会（WAIC）上，可以看到一个人工智能（AI）标识。路透社/Aly Song/资料照片

10月29日（路透社）——现金流再次为王。

周三，华尔街对微软和甲骨文表示赞赏，因为它们证明了这两家公司无需不断向投资者寻求资金，就能为其庞大的人工智能计划筹集资金。

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中国加大自动驾驶技术投入，大众、小鹏汽车进行技术试验

Dropbox计划裁员9%，首席技术官即将离职

国防部长表示，Bomba将提升作战能力，探索新技术。