Wow! Doing business in the age of ML & AI!
"... The tech giant reported yet another quarterly revenue record on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter.
Microsoft has now reported record-breaking revenue for 10 quarters in a row. ...
The record-breaking income was largely driven on the strength of Microsoft Cloud, which reached $63.9 billion in revenue this quarter, an increase of 30% over the year-ago quarter, Microsoft said. ...
Still, a good chunk of the revenue was from AI, because Microsoft also reported $10 billion in revenue from OpenAI. Despite branching out to AWS, Oracle, and others, OpenAI still runs a lot of its services on Microsoft’s cloud. ..."
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