Microsoft’s Quarterly Cloud Sales, Profit Exceed Expectations
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Microsoft’s Quarterly Cloud Sales, Profit Exceed Expectations
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its artificial intelligence services. Investors, applauding accelerating growth in the company’s cloud-computing unit, sent the shares up sharply. The closely watched Azure division posted a 39% rise in sales during Microsoft ...
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