Microsoft's AI Business Surges, Set to Hit $10 Billion Milestone
Microsoft(MSFT) PYMNTS.com·2024-11-01 10:17
Microsoft’s artificial intelligence (AI) initiatives are delivering unprecedented growth, with the company announcing its AI business is on track to surpass $10 billion in annual revenue run rate next quarter, marking the fastest acceleration to that milestone in the company’s history.“AI-driven transformation is changing work, work artifacts, and workflow across every role, function, and business process, helping customers drive new growth and operating leverage,” CEO Satya Nadella told analysts during the ...