Business · 2h ago
Microsoft Cloud Revenue Surges, AI Growth Modest
Microsoft reported strong cloud revenue in Q4 2026, driven by Azure and other cloud services. However, AI-related revenue from Microsoft 365 Copilot grew slower than expected. The company's capital expenditure continued to rise, reflecting heavy investment in AI infrastructure.
Meridian48 take
The modest AI revenue harvest suggests that enterprise adoption of generative AI features is still in early stages, despite massive infrastructure spending.
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Microsoft's cloud brings rain of revenue but modest M365 AI revenue harvest →
The Register
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