Microsoft beats revenue estimates as AI shift bolsters cloud demand

Tehnologie

Microsoft topped quarterly revenue expectations on Wednesday, helped by strong growth at its cloud-computing business Azure, reassuring tech investors that hefty AI investments were paying off and sending shares of the company nearly 6 per cent higher in after-hours trading. Microsoft's results, which follow similarly above-expectations outcomes from Google last week, could ease concerns about a potential slowdown in AI demand, after some analysts pointed to canceled data-center leases at

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Microsoft beats quarterly revenue estimates as AI shift bolsters cloud demand https://www.channelnewsasia.com - 30.04.2025 23:48