$1.6 Billion Revenue Drop Hits Xbox Amidst Microsoft's AI Boom
Xbox has reported a staggering loss of $1.6 billion in its latest quarter, marking the worst performance for the gaming division in years.
This massive revenue drop comes amidst Microsoft's AI boom, which is expected to drive growth across various sectors.
The company's decision to lay off major staff in its gaming division has sparked concerns about the long-term implications of this move.