Spending big on AI but still not enough power? Microsoft’s cloud revenue unexpectedly slowed last quarter, dropping over 6% in after-hours trading | Earnings Report Insights

Spending big on AI but still not enough power? Microsoft’s cloud revenue unexpectedly slowed last quarter, dropping over 6% in after-hours trading | Earnings Report Insights

The “artificial intelligence (AI) leader” Microsoft reported total revenue and profit for the last quarter that exceeded expectations, but capital expenditures accelerated growth. However, the revenue from Microsoft’s cloud business, which…

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