menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cloud News

>

Microsoft’...
source image

Pymnts

2w

read

163

img
dot

Image Credit: Pymnts

Microsoft’s AI Business Surges, Set to Hit $10 Billion Milestone

  • Microsoft's AI business is set to surpass $10 billion in annual revenue run rate next quarter, achieving the fastest acceleration to that milestone in the company's history.
  • Azure OpenAI Service usage has more than doubled over the past six months, with nearly 70% of Fortune 500 companies using Microsoft 365 Copilot, the company's AI-powered workplace assistant.
  • Supply constraints remain a challenge as demand for AI computing resources exceeds available capacity, but Microsoft is expanding its AI infrastructure globally.
  • Microsoft's AI-driven growth aligns with the company's overall strong performance, with Microsoft Cloud revenue reaching $38.9 billion in the quarter, up 22% year over year.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app