The revenue of Azure Cloud Computing business grew by 31% this season, compared to a 34% increase in the previous quarter. Microsoft stated that Analysts previously predicted a growth of 32%. Due to its close cooperation with ChatGPT's parent company OpenAI, Microsoft is considered a leader in the commercialization of AI products. Last year, Microsoft launched a series of AI assistants under the Copilot brand, but it took longer than some investors expected to generate real revenue from these products. Like cloud competitors Google and Amazon, Microsoft's spending exceeded its historical highs, with much of the money directed towards chips and Datacenters required to support energy-intensive AI services. The company stated that 13 percentage points of the revenue increase in Azure's Cloud Computing department in the second fiscal quarter came from AI contributions, which was 12 percentage points in the first fiscal quarter. If the AI business revenue from the first fiscal quarter can be maintained, it will contribute 13 billion dollars over the year. Microsoft saw a drop of about 4% in after-hours trading, followed by a slight rebound.
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微软盘后下挫 云计算业务季度增长放缓且逊于分析师预期
Microsoft's stock fell after hours as the growth of its Cloud Computing Business slowed in the quarter and fell short of Analyst expectations.
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