The Hindu·4 min read·medium
Microsoft reports gains from cloud and AI investments
A
AFP
✦AI Summary
Microsoft reported strong quarterly earnings driven by growth in its cloud and AI divisions, with significant revenue contributions from Copilot and investments in OpenAI and Anthropic. Despite high capital expenditures on AI infrastructure, the company's stock rose following the report.
Microsoft beat analysts' expectations in its latest quarterly report, saying Wednesday that the results were partly driven by its cloud and artificial intelligence divisions.
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