Microsoft sees datacentre investments key to AI leadership
The company is reportedly spending between $50 to $100m to build out AI infrastructure
Source: computerweekly.com
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The company is reportedly spending between $50 to $100m to build out AI infrastructure
MSFT earnings call for the period ending March 31, 2024.
Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.
Microsoft’s sales and profit beat expectations on AI demand. Read more at straitstimes.com.
Microsoft beats revenue expectations with AI adoption in cloud services. Stock jumps 4%. Forecasted cloud revenue above Wall Street. Microsoft's value increased by $128 billion. Azure revenue exceeded estimates.