Microsoft beat analyst expectations in its third-quarter earnings report, released Wednesday after markets closed, driven by a dramatic surge in its artificial intelligence business.
The company’s AI revenue grew 123% year over year, underscoring the scale of corporate investment in AI infrastructure and services as competition in the sector intensifies.
Full details from the earnings call, including revenue figures, cloud performance, and executive commentary, were not available in the source material at time of publication. This article will be updated as more information becomes available.
