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Microsoft’s cloud business boosts sales as AI investment climbs to $41bn
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NEWSDECK ANALYSIS
Microsoft's intelligent cloud segment is a key area of focus for the company, encompassing a range of services including Azure, a cloud computing platform that competes with Amazon Web Services and Google Cloud. The significant growth in this segment is likely to be closely watched by investors and industry analysts, as it indicates the company's progress in its efforts to transition to a more cloud-based business model. The surge in revenue from this segment also reflects the increasing demand for cloud computing services among businesses and organisations.
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FT UK
Microsoft’s cloud business boosts sales as AI investment climbs to $41bn
Revenue in the tech group’s intelligent cloud segment surges 32% to $39.3bn
29 Jul, 20:30
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