Azure and other cloud services, Microsoft’s most closely watched segment, saw revenue surge 39 per cent, roughly in line with expectations. The company said demand for cloud services continues to ...

During the analyst call, Microsoft chief executive Satya Nadella said companies are now paying for 15 million subscriptions ...

When it comes to cloud computing, Amazon was the pioneer, and it remains the leading company in the industry: Amazon Web Services still has a 29% market share. Over time, though, ...

Microsoft reported another strong set of quarterly earnings this week, beating Wall Street expectations on both revenue and profit, though ...

Microsoft said it had spent a record amount on artificial intelligence in the last quarter and posted slower cloud-computing growth, worrying investors who had expected a major payoff from the outlay ...

The tech giant revealed it spent an unprecedented $37.5 billion on capital expenditures in the October–December quarter, ...

Microsoft is the first of the Big Three cloud services companies to report quarterly financial results this year.

For the current fiscal third quarter, Microsoft forecast Azure revenue growth of 37 per cent to 38 per cent, compared with analyst expectations of 36.41 per cent, according to Visible Alpha. It ...

Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres Read more at The Business Times.

Investors responded to Big Tech earnings this week with a stark warning: they will forgive record spending that brings solid growth, but punish companies if not, showing how much the stakes have ...

Jan 29 (Reuters) - Investors responded to Big Tech earnings this ‌week ​with a stark warning: they will forgive record ...