TECH - Microsoft's Earnings Report Ticked All The Right Boxes As It Continues To Fortify Its AI Leadership | Benzinga
When Microsoft Corporation (NASDAQ: MSFT) entered in a multibillion relationship with OpenAI, it made quite a wager that AI will change the way we work. With its latest quarterly results, that wager seems to be paying off already as the tech giant is rapidly infusing AI across its offerings and consequently, business processes with the result of increased productivity. When it reported its previous quarter, Microsoft dropped a bunch of well-known companies using its AI services, such as Airbnb Inc (NASDAQ: ABNB) and IKEA, this time it shed light on how its new tools are being used. Unlike Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL)-owned Google who reported a continued cloud slowdown, Microsoft ended its deceleration streak with Azure. But the latest results of both Google and Microsoft show that these tech titans made quite a comeback after what was a challenging year.
Fiscal First Quarter Highlights
For the quarter ended ...