Microsoft’s annual cloud revenue hits  billion, profit beats expectations

Microsoft’s annual cloud revenue hits $75 billion, profit beats expectations

Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier. The Azure cloud business is a centerpiece of Microsoft’s efforts to shift its focus to artificial intelligence, but until Wednesday the company hadn’t disclosed how much money it makes. The revelation came […]

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