Green shoots are there - Enterprise grew another 10% with 400+ projects in the pipeline.
Enterprise + China took up almost 35% of total revenue.
We are still in experimental phase - banks and insurances and such businesses don't have chatbox that can answer your enquiries without assistance of a customer service operators - yet. Getting closer - but commercial LLMs are barely one year old and A.I markets is still tiny on the front end. It will scale eventually - pity about the sombre outlook on Global Services.
But.....Meta is a huge problem for the company for positive headline numbers.
Ann: 2023 Half-Year Results and 2023 Outlook, page-32
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