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Microsoft beats expectations fueled by Azure cloud business
The quarterly earnings report comes just days after Microsoft offered voluntary buyouts to about 60,000 employees, roughly a quarter of its workforce
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Microsoft beats expectations fueled by Azure cloud business
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.
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