Microsoft set to spend more than $13bn on AI and cloud datacentres
Microsoft has reported revenue of $64.7bn for the quarter which ended June 30, driven by artificial intelligence (AI) and the company’s platform strategy. Revenue for the full year was $241.bn, which is an increase of 16% compared to 2023. In his prepared remarks, CEO Satya Nadella said: “As a platform company, we are focused on…
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