Microsoft is facing a class action lawsuit from shareholders who allege that the company intentionally overhyped its artificial intelligence initiatives to distract from slowing cloud revenue and an exploding infrastructure bill. The complaint was filed in a Seattle federal court by the Michigan based City of St. Clair Shores Police and Fire Retirement System. The plaintiffs argue that Microsofts leadership painted an overly optimistic picture of its Copilot rollout and complex OpenAI...
