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AI News from ET - Microsoft puts brakes on AI spending as profit increases 18%

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Microsoft’s Q1 2025 results showed strong growth with $70.1 billion revenue and $25.8 billion profit, driven by 33% Azure growth and AI services. Capital spending fell slightly to $21.4 billion but remains high, with $85 billion forecast for the year. CEO Nadella cited efficiency and strong cloud demand.

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