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Microsoft Beats Quarterly Revenue Estimates as AI Shift Bolsters Cloud Demand
The results are likely to ease concerns about a potential slowdown in AI demand, after some analysts pointed to canceled data center leases at Microsoft as a sign of excess capacity. Rival Alphabet also posted strong results last week,
19mon MSN
Microsoft’s reported quarterly results Wednesday — and judging by the numbers, the broader economic uncertainty hasn’t ...
The tech company’s growth was led by a 21% revenue increase in its cloud business.
Since the release of the ChatGPT chatbot in 2022, Microsoft has plowed more and more money into building data centers in what ...
2hon MSN
Microsoft on Wednesday said its profits rose 18% for the January-March quarter, driven by its growth in its cloud computing ...
Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after ...
Microsoft posted strong growth in revenue and earnings for its fiscal third quarter, with the company’s closely watched cloud ...
CFO Amy Hood touted Microsoft's 50th anniversary and AI agents in an internal memo about the quarter.
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