Microsoft's AI Bet Shows Strong Early Returns as Enterprise Adoption Accelerates
MSFTMicrosoft(MSFT) PYMNTS.com·2024-10-31 08:44

Microsoft’s aggressive push into artificial intelligence (AI) is showing traction with enterprise customers, as the company reported growth in AI adoption across its product portfolio.“All-up, we now have over 60,000 Azure AI customers, up nearly 60% year over year, and average spend per customer continues to grow,” CEO Satya Nadella told investors during Tuesday’s earnings call.The company’s AI strategy spans from infrastructure to applications, with Azure serving as the foundation. “With Azure AI, we are ...