Microsoft signs $750M cloud deal with AI firm Perplexity

Microsoft signs 0M cloud deal with AI firm Perplexity

By TradingView
Publication Date: 2026-01-30 12:09:00

Microsoft (MSFT, Financials) has allegedly signed a $750 million cloud deal with AI startup Perplexity, which would let the business run and grow its AI models on Microsoft’s Azure platform.

The three-year deal is a big gain for Microsoft, which is still getting big AI clients even though it is competing with Amazon Web Services (AMZN). Perplexity, which is recognized for its generative AI search tools, used to mostly use AWS for its cloud infrastructure.

The agreement gives Microsoft a bigger presence in the fast-growing AI hosting sector. It builds on its current partnerships with OpenAI and other businesses that use Azure to train and deploy large scale models.

Analysts say the deal is another indicator of Microsoft’s strong growth in cloud computing, as demand for AI pushes record expenditure on infrastructure throughout the tech industry.