Microsoft on Tuesday said it expects the growth across its cloud business to temper down through 2023 as enterprises brace for economic headwinds. The Windows maker reported 29% growth in total cloud revenue to $21.5 billion for the second quarter of fiscal year 2023, slowing from Q1, 2023 where the company posted 31% growth for the segment . These numbers exclude the impact of currency...
Microsoft says cloud demand waning, plans to infuse AI into products
Found 10 days ago at Computerworld