Microsoft’s US$750m Perplexity Deal And What It Means For Azure Valuation

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• Microsoft, ticker NasdaqGS:MSFT, signed a three year, US$750 million Azure agreement with AI startup Perplexity.

• Perplexity plans to deploy models from OpenAI, Anthropic, and xAI through Microsoft Foundry as part of a multi cloud setup.

• The deal signals a shift for Perplexity, which previously leaned more heavily on AWS for its infrastructure.

For you as an investor or market watcher, this deal sits at the intersection of cloud computing and generative AI workloads. Azure is a core business for Microsoft, and large AI customers such as Perplexity are turning into important buyers of compute, storage, and networking as they scale their products. The move toward a multi cloud approach also reflects how AI companies are trying to balance access to different models with practical issues like data…