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.
Following the recent $500bn "Stargate" data center initiative announced by OpenAI, Microsoft is no longer the AI company's exclusive cloud provider though retains the "right of first refusal (ROFR)" ...
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy ...
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...
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Microsoft’s cloud division misses growth targets amid slower demand for AI servicesMicrosoft announced slow business growth in its cloud business in Q1 2025 as it struggles to create data centers that can handle the demand for its AI.
Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.
(Reuters) - Microsoft (MSFT) on Tuesday said it has ... and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States. President Donald Trump gathered the ...
Microsoft reported slower-than-expected growth in its crucial Azure cloud business on Wednesday despite beating estimates for ...
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