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AI News from ET - Microsoft's Azure cloud revenue surges as AI spending pays off

Vishwadeep Khatri
in AI News & Two Lenses

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Microsoft’s Azure cloud revenue grew 39% in Q4, beating expectations with sales above $75 billion annually. The company’s AI investments, including its OpenAI partnership, drive growth but face renegotiation challenges. Capital spending rose to $24.2 billion, supporting AI demand. Microsoft aims to diversify AI tech beyond OpenAI to maintain leadership.

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