Microsoft reports big profits amid massive AI investments
Microsoft reports big profits amid massive AI investments
arstechnica.com Microsoft reports big profits amid massive AI investments
Xbox hardware sales dropped 29 percent, but that barely made a dent.
cross-posted from: https://sopuli.xyz/post/18629872
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Better lay off another thousand people, just for good measure
And buy back a few billion in stock!
The growth was largely driven by Azure and cloud services, which saw a 33 percent increase in revenue. The company attributed 12 percent of that to AI-related products and services.
Good news for those who invest!