Microsoft Hails Cloud and AI Revenue for Boffo Earnings
KING COUNTY, WASHINGTON, JUL 31 – Azure's 34% year-over-year revenue growth reflects Microsoft's strategic AI investments and market share gains amid restructuring and heavy capital spending, analysts say.
6 Articles
6 Articles
Microsoft’s latest earnings report confirms $76B in revenue and ongoing AI obsession following mass layoffs
It looks like the barely hidden motivations of Microsoft’s business focus is now laid bare for all to see. That’s thanks to the corporation’s latest quarterly earnings report, which reaffirms the massive amounts of money it made in the last quarter and the slavish chase after all things AI development as a result of the […]
For years, Microsoft has been making a secret of the sales of its Azure cloud platform. Now, after years of secrecy, the Group has announced a number. After years of secrecy, Microsoft has made the sales of its Azure cloud platform public. According to this, it brought revenues of more than $75 billion – an increase of 34 percent in the financial year just ended. This confirms the assumption that Microsoft is the number two in the cloud business…
Nadella Celebrates Azure’s 15 Years: $75B Revenue in AI-Driven Growth
In a recent internal memo, Microsoft Corp. Chief Executive Satya Nadella marked the 15th anniversary of Azure, the company’s cloud-computing platform, by calling on employees to embrace long-term thinking amid rapid technological shifts. The memo, obtained by GeekWire, reflects on Azure’s evolution from its 2010 launch as a nascent service to a powerhouse generating over $75 billion in annual revenue, up 34% year-over-year. Nadella highlighted h…
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