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Microsoft sales smash Wall Street expectations, driven by cloud and AI
The tech giant released financial results for its fourth fiscal quarter, which ran from May through the end of June, on Wednesday and exceeded Wall Street estimates. Microsoft reported $76.4 billion in revenue with $27.2 billion in profit, both metrics showing their highest year-over-year growth in over two years.
8hon MSN
Microsoft posts strong quarter, cites broad AI and cloud growth as Azure revenue tops $75B annually
Microsoft significantly exceeded earnings expectations for the June quarter and disclosed its standalone annual Azure revenue ...
The PC market is still feeling the effects of the Trump tariffs and consumer spending, while businesses look to refresh PCs ...
Much of Microsoft’s recent growth has come through the cloud business, which AI companies have been using to host models.
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Deterministic AI provides an alternative to the generative AI approaches, but it also requires thoughtful implementation.
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Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a ...
Cloud costs are rising faster than revenue. Leaders must treat cloud spend like capital, link it to outcomes and embed ...
It'll at least be partly Cloud-y when the New York Liberty descend upon Target Center on Wednesday night. Natasha Cloud is in ...
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