What Companies Say About AI Success and What They Report to the SEC

An audit of what Microsoft told investors and what it put in its annual report

Two-thirds of the companies in the S&P 500, an index of 500 of the largest US public companies, discussed AI on their earnings calls last quarter. Only 1 in 4 gave investors a measurable result. Microsoft’s annual report shows what happens to those results when a company files with the SEC.

How many large US companies report a measurable AI result

Every q…