Microsoft reported a 22% revenue increase in its cloud business, totaling $42 billion in the last quarter, driven by AI and cloud sectors.
CEO Satya Nadella emphasized the importance of cloud and AI for business growth, with Microsoft focusing on improving infrastructure efficiency and expanding data centers in 10 countries.
Microsoft is investing in short-lived assets aligned with immediate revenue and value, ensuring infrastructure matches future workload growth while not over-concentrating data centers in one region.
The company's analytics tools, like the Microsoft Fabric solution, are gaining traction, with a significant increase in customer rates, and more than 10,000 organizations have integrated their new AI management service.