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Our linear channels are deeply embedded in our direct-to-consumer strategy, as they continue to deliver high-quality content that reaches demographics not captured on streaming alone, allowing us to broaden our audiences and leverage our unmatched content engine across an expansive base. With a business with that profile, you invest in it.
Overall, BCI’s investment is expected to generate a significant return on invested capital and a successful outcome for its pension plan and insurance fund clients, BCI stated.
“Despite significant declines in global equity and fixed income markets during our fiscal year, our investment portfolio remained resilient, delivering stable returns while outperforming major indexes.” The positive fiscal-year results reflect returns on investments in infrastructure and certain U.S.
After all, cloud rival Microsoft invested early in OpenAI , the company behind ChatGPT, which appeared to give Microsoft the early lead in AI cloud workloads. First, leveraging its size as the largest cloud provider heading into the AI revolution, Amazon rolled out its Bedrock cloud services in mid-2023.
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