Wednesday, 26 April, 2023

Microsoft's AI and Cloud Investments Yield Positive Results in Q1 Earnings

Microsoft's big bets on AI and cloud are paying off, with the company's Q3 2023 earnings report showing a 34% YoY revenue growth. The company's Azure cloud services and Dynamics 365 business apps saw strong growth, while the company's LinkedIn professional networking platform saw a 33% YoY revenue growth. Microsoft's CEO, Satya Nadella, attributed the company's success to its focus on building tech that empowers people and organizations.