Microsoft reports big profits amid massive AI investments
SMRTR summary
Microsoft's quarterly earnings beat forecasts, with sales up 16% to $65.6 billion, despite doubled AI spending; Azure and cloud services grew 33%, Xbox revenue rose 61% post-Activision acquisition, and AI contributed 12% to cloud growth.
SMRTR provides this summary for quick context. The original article belongs to Ars Technica.
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