Microsoft’s Huge Quarter: AI and Azure Drive Growth

Microsoft reported their fourth quarter earnings and the numbers were huge. Revenue increased by 18% and earnings grew by 23% year on year what the market was watching was adoption of intelligent cloud services which is linked to the significant investment into artificial intelligence infrastructure via its Azure product. Copilot seats surpassed 30 billion with net seats that’s more than doubling quarter over quarter in addition to use the satisfaction schools doubling over the last 3/4 which is something that I can relate to in my own workplace. They also disclosed a $3.2 billion increase in their investment in anthropic the creator of claude AI and a small loss of $.06 billion investment in AI the creator of ChatGPT. General advice only. #microsoft #sharemarket #financialadvice #investing #wealth

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.