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Microsoft sales, profit beat expectations on AI demand leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBiden’s Gains Against Trump V
Chief Executive Officer Satya Nadella’s strategy of integrating AI technology from OpenAI into Microsoft’s entire product line is showing significant returns, as evidenced by an uptick in customers utilising AI tools for tasks like summarising documents and generating content