How has ai impacted microsoft’s azure business?
how did microsoft’s ai business perform in the latest quarter Azure grew revenue 33% in the latest quarter, or 35% in constant currency. AI services contributed to 16 percentage points of that growth, according to Microsoft’s earnings slides. Artificial intelligence is becoming ever more a growth driver for Microsoft’s Azure cloud-computing business.
Is ai a big business?
how did microsoft’s ai business perform in the latest quarter As for the AI business, CEO Satya Nadella says in a statement that it has “surpassed an annual revenue run rate of $13 billion, up 175 percent year-over-year.” The company’s Azure and other cloud services business grew 31 percent year-over-year, a slight decrease from 33 percent YoY growth the previous quarter.
Does microsoft have artificial intelligence?
O’Brien covers the business of technology and artificial intelligence for The Associated Press. Microsoft said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Is artificial intelligence a growth driver for microsoft’s azure cloud-computing business?
Artificial intelligence is becoming ever more a growth driver for Microsoft’s Azure cloud-computing business. Azure grew revenue 33% in the latest quarter, or 35% in constant currency. AI services contributed to 16 percentage points of that growth, according to Microsoft’s earnings slides.
How much does microsoft spend on ai?
Building and operating AI systems is costly, and Microsoft has said it plans to spend $80 billion this year as it expands its global network of energy-hungry computing centers and supplies them with specialized chips to train and run AI models.
How did microsoft perform in q2 2025?
In its Q2 2025 earnings, Microsoft announced revenue of $69.6 billion for the quarter, up 12 percent year-over-year, and net income of $24.1 billion, which is up 10 percent year-over-year. As for the AI business, CEO Satya Nadella says in a statement that it has “surpassed an annual revenue run rate of $13 billion, up 175 percent year-over-year.”