betterthanexpected

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Microsoft reports better-than-expected results; AI products show record growth – Computerworld

Microsoft’s second quarter results beat analysts’ expectations. as revenue increased by 16% to $ 65.6 billion — higher than the $64.5 billion analysts had expected. Net income rose 11% to $ 24.67 billion. Following major investments in AI, revenue from the Azure cloud business is now up 33%. Microsoft CEO Satya Nadella said in a comment that the company’s AI…