this post was submitted on 31 Oct 2024
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33
Microsoft reports big profits amid massive AI investments (arstechnica.com)
submitted 3 weeks ago by misk@sopuli.xyz to c/technology@lemmy.world
4 comments fedilink hide all child comments
 

cross-posted from: https://sopuli.xyz/post/18629872

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[–] MaggiWuerze 31 points 3 weeks ago (1 children)

Better lay off another thousand people, just for good measure

[–] gravitas_deficiency@sh.itjust.works 11 points 3 weeks ago

And buy back a few billion in stock!

[–] style99@lemm.ee 4 points 3 weeks ago

The growth was largely driven by Azure and cloud services, which saw a 33 percent increase in revenue. The company attributed 12 percent of that to AI-related products and services.

[–] McDropout@lemmy.world 3 points 3 weeks ago

Good news for those who invest!