Microsoft reports big profits amid massive AI investments (arstechnica.com)

submitted 20 hours ago by misk@sopuli.xyz to c/technology@lemmy.world

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cross-posted from: https://sopuli.xyz/post/18629872

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[-] style99@lemm.ee 4 points 11 hours ago

The growth was largely driven by Azure and cloud services, which saw a 33 percent increase in revenue. The company attributed 12 percent of that to AI-related products and services.

[-] MaggiWuerze@feddit.org 27 points 16 hours ago

Better lay off another thousand people, just for good measure

[-] gravitas_deficiency@sh.itjust.works 8 points 14 hours ago

And buy back a few billion in stock!

[-] McDropout@lemmy.world 4 points 15 hours ago

Good news for those who invest!

this post was submitted on 31 Oct 2024

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