this post was submitted on 31 Oct 2024
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33
Microsoft reports big profits amid massive AI investments (arstechnica.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
4 comments fedilink hide all child comments
 

cross-posted from: https://sopuli.xyz/post/18629872

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[–] [email protected] 31 points 2 weeks ago (1 children)

Better lay off another thousand people, just for good measure

[–] [email protected] 11 points 2 weeks ago

And buy back a few billion in stock!

[–] [email protected] 4 points 2 weeks ago

The growth was largely driven by Azure and cloud services, which saw a 33 percent increase in revenue. The company attributed 12 percent of that to AI-related products and services.

[–] [email protected] 3 points 2 weeks ago

Good news for those who invest!