Microsoft says cloud demand waning, plans to infuse AI into products

Found 10 days ago at Computerworld

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...

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