Microsoft reports 10% quarterly profit growth as it works to show AI investments paying off
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Microsoft Continues to Spend Big on A.I. as Profit Grows 10%
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
Microsoft's cloud growth in focus as doubts grow over AI spending
Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will show whether billion-dollar bets on artificial intelligence are propelling increased growth in its main profit engine.
Microsoft shares slide as cloud forecast, AI spending disappoint
Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet to satisfy investors.
Why Microsoft's cloud growth likely slowed last quarter
Artificial intelligence has been a big contributor to Microsoft's cloud growth, but the company is also being held back in a way. Microsoft has mentioned having capacity constraints because it doesn't have enough graphics processing units.
Microsoft Spending Grows Despite Cloud Growth Missing Estimates - Details
Microsoft reported slower-than-expected growth in its Azure cloud business on Wednesday, January 29, despite beating estimates for overall quarterly revenue, sending its shares down 4 per cent in extended trading,
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants on Wednesday talked up their AI strategies and said they are sticking with ambitious investments in the ...
Microsoft’s AI revenue run rate reaches $13B annually as tech giant tops earnings expectations
AI revenue run rate reached $13 billion, as the company reported $69.6 billion in revenue for the December quarter, up 12%, ...
Microsoft rolls out DeepSeek's AI model on Azure
Microsoft has made Chinese startup DeepSeek's R1 artificial intelligence model available on its Azure cloud computing ...
Microsoft Has Kind Words for DeepSeek AI, Offers It to Customers
Microsoft Corp. Chief Executive Officer Satya Nadella had some kind words for DeepSeek, the Chinese artificial intelligence ...
Microsoft earnings: AI is the big theme as investors focus on cloud growth, DeepSeek
Microsoft will report its fiscal second-quarter results after Wednesday's closing bell, with investors focused on all things ...
Microsoft just added DeepSeek R1 to Azure AI Foundry and GitHub
Microsoft made DeepSeek's groundbreaking R1 AI model available on the Azure AI Foundry platform as well as GitHub.
Microsoft probing if DeepSeek-linked group improperly obtained OpenAI data
In its own research, DeepSeek said it had “distilled” models from its R1 system based on other open-source systems. Unlike ...
Microsoft is partnering on the Stargate AI initiative. What investors want to hear on that.
Investors will likely be curious about Microsoft's involvement in the Stargate artificial-intelligence joint venture — and the company's evolving relationship with OpenAI. “Investor sentiment might ev ...
Why Nvidia, Broadcom, Microsoft, and Other Artificial Intelligence (AI) Stocks Crashed Monday Morning
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems.