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Microsoft confirms it made $27 billion after laying off 9,000 people, and its CEO physically cannot stop talking about AI: "Cloud and AI is the driving force of business transformation across every industry and sector"
The "enigma of success" strikes again
Those earnings were buoyed by a massive boost in revenue from Azure, the cloud computing platform where many of Microsoft's AI efforts lay. "Cloud and AI is the driving force of business transformation across every industry and sector," CEO Satya Nadella said as part of the report. "We’re innovating across the tech stack to help customers adapt and grow in this new era, and this year, Azure surpassed $75 billion in revenue, up 34 percent, driven by growth across all workloads."
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