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Microsoft to Continue Building Data Centers as Cloud and AI Lead Growth

  • Microsoft to continue investing in capital expenditures throughout fiscal year 2026, with cloud and AI leading revenue gains.
  • Intelligent Cloud business saw 21% year-over-year growth, with overall revenue up 13% year over year.
  • Microsoft introducing AI agents for various business processes, with over 1 million custom agents created by customers.
  • Expecting 20-22% revenue growth in Intelligent Cloud business driven by Azure, with AI capacity constraints expected post-June.

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