Microsoft’s Surging Cloud Sales Show AI Spending Paying Off

First reported by Bloomberg at · Updated · 1 source

Microsoft Corp. posted increasing growth in its cloud business and kept its capital expenditures in check, satisfying investors amid a drumbeat of concern that spending on artificial intelligence won’t pay off.

Reported so far by one publisher.

Summary from Bloomberg.

Reporting1

Bloomberg Microsoft’s Surging Cloud Sales Show AI Spending Paying Off · Brody Ford and Matt Day

Related

Topics Microsoft