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Microsoft disclosed Azure’s quarterly revenue in dollars for the first time: $33.2 billion for July–September, up 48% from a year earlier. Alphabet reported $30.7 billion in Google Cloud revenue for the same quarter, making the two cloud businesses easier for investors to compare directly.
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Microsoft's Azure revenue rose 48% year on year to $33.2 billion, above analysts' $32.3 billion forecast. Quarterly data center spending reached $45.2 billion, below Microsoft's forecast of more than $50 billion because of construction delays. As AI infrastructure spending climbs, Microsoft is offering buyouts to up to 60,000 employees in the US, Canada, UK and India.
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Microsoft disclosed Azure’s quarterly revenue in dollars for the first time: $33.2 billion for July–September, up 48% from a year earlier. Alphabet reported $30.7 billion in Google Cloud revenue for the same quarter, making the two cloud businesses easier for investors to compare directly.
Microsoft's Azure revenue rose 48% year on year to $33.2 billion, above analysts' $32.3 billion forecast. Quarterly data center spending reached $45.2 billion, below Microsoft's forecast of more than $50 billion because of construction delays. As AI infrastructure spending climbs, Microsoft is offering buyouts to up to 60,000 employees in the US, Canada, UK and India.
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