Microsoft's slow cloud growth signals AI payoff will take longer

By
Follow google news

Claims 60,000 Azure AI customers.

Microsoft's slow cloud growth signals AI payoff will take longer
Microsoft said it would spend more money this fiscal year to build out AI infrastructure even as growth slowed in its cloud business, another sign the payoff from hefty investments in the technology may take longer than Wall Street had hoped. Shares fell seven percent on the spending forecast ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
aicloudmicrosoftsoftware

Sponsored Whitepapers

The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond
The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond
Innovate anywhere with HPE and Azure Local
Innovate anywhere with HPE and Azure Local
Cloud Covered Report: New Zealand
Cloud Covered Report: New Zealand
How healthcare organisations can get more value from cloud
How healthcare organisations can get more value from cloud
The governed agent: A new framework for responsible AI at scale
The governed agent: A new framework for responsible AI at scale

Events

Most Read Articles

Telstra shifts 25,000 users to Atlassian Cloud in four months

Telstra shifts 25,000 users to Atlassian Cloud in four months
CBA to take AI orchestration agent beyond its retail bank

CBA to take AI orchestration agent beyond its retail bank
UNSW faces a 95 percent cut to its M365 storage by October

UNSW faces a 95 percent cut to its M365 storage by October
NAB is modernising data pipelines for its Ada platform

NAB is modernising data pipelines for its Ada platform
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?