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The company has poured billions into AI development, including its flagship Copilot tool, and remains the biggest backer of ...
Much of Microsoft’s recent growth has come through the cloud business, which AI companies have been using to host models.
Shares of the software company rose 7.2% in extended trading after it said Azure sales surpassed $75 billion on an annual ...
Total revenue rose 18% to $76.4 billion in the April-June period, the company's fiscal fourth quarter. Azure revenue rose 39% ...
Shares in the software giant rose 7.3 percent to $551 in after-hours trading as investors anticipate greater artificial intelligence offerings from the Azure cloud-computing business.
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Companies try to signal to Wall Street that they’re making themselves more efficient as they prepare for broader changes ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
Shares of technology companies rose slightly ahead of Microsoft's earnings. Microsoft's shares surged in late trading after booming artificial-intelligence demand buoyed its cloud-computing unit's ...