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Microsoft profit soars 33 percent on AI, cloud gains; Google s parent returns to double-digit growth

Microsoft said Tuesday that profit for the October-December quarter soared 33 per cent, powered by its significant investments in artificial intelligence t

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Microsoft profit soars 33% on AI, cloud-computing investments

Microsoft profit soars 33% on AI, cloud-computing investments
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Microsoft profit soars 33% on AI, cloud-computing investments

Microsoft Corp. said Tuesday that profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in the company's cloud-computing unit, where Microsoft focuses most of its AI investments. The company reported net income for the quarter of $21.87 billion, or $2.93 per diluted share, beating Wall Street expectations of $2.79 per share.

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Microsoft s Activision acquisition and bets on AI yield high quarterly revenue | Microsoft

Tech giant now second business in history to reach a stock market valuation of $3tn, overtaking Apple as the world’s most valuable

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Microsoft s Activision acquisition and bets on AI yield high quarterly revenue

Tech giant now second business in history to reach a stock market valuation of $3tn, overtaking Apple as the world’s most valuable

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