Microsoft: AI Business Could Pass $10 Billion Next Quarter

Microsoft’s multi-billion dollar investment in AI is paying off, with CEO Satya Nadella revealing that the AI business is set to surpass a $10 billion annual revenue run rate next quarter. The company has made significant investments in OpenAI and has experienced growth in Cloud revenue, reaching $38.9 billion for the quarter. Despite better-than-expected earnings, Microsoft’s shares fell due to lower predicted cloud revenue growth.

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