Microsoft Azure Q3 revenue growth checks in at 33%, investment in data center continues
Microsoft handily topped third quarter targets and said Azure delivered revenue growth of 33%.
Microsoft handily topped third quarter targets and said Azure delivered revenue growth of 33%.
As enterprises adopt AI agents and digital workers, companies' success may depend on the human-agent ratio and how workflows are managed.
Microsoft added a bevy of new features for Copilot to enhance memory, ability to take action and conduct research and also updated its Azure AI Foundry with tools to build AI agent systems.
Microsoft launched a series of AI agents and an AI accelerator program for sales as it outlined a bevy of customer references implementing the software giant's copilots and agents.
Microsoft launched Majorana 1, a quantum computing chip with a Topological Core architecture.
Microsoft reported strong second quarter results with revenue growth of 12%, Azure revenue growth of 31% and an AI business annual revenue run rate of $13 billion.
Microsoft said that Stargate includes a new agreement that "changes exclusivity on new capacity." Looks like Oracle Cloud is the winner.
Microsoft launched Microsoft 365 Copilot Chat which brings its free chat experience for Microsoft 365 commercial customers to a broader base. The catch is that there are pay-as-you-go agent capabilities.
Microsoft launched the Quantum Ready Initiative to help businesses prepare for quantum computing as well as align it with business strategy and returns.
Microsoft said it will spend $80 billion on AI data centers to train models and deploy applications in what amounts to a concentrated bet on generative and agentic AI. But there are multiple takeaways to note in Microsoft's missive about its AI plans.
Microsoft rolled out more than 80 new products and features to round out its Copilot and artificial intelligence stack as it moved to position itself as an early enterprise AI leader and a platform that can provide model choices.
Microsoft reported better-than-expected first quarter earnings as commercial cloud revenue was up 22% and Azure grew 33% from a year ago.