Microsoft reaches new financial heights with 18% revenue growth and 33% profit increase, thanks to artificial intelligence and cloud technologies
Microsoft’s financial results for the second quarter of 2024 show that the tech giant is gaining momentum, with revenue reaching $62.02 billion, up 18% year-on-year. This jump is due to the company’s significant investments in artificial intelligence (AI) and cloud computing, especially in Azure cloud services, which grew by 20% to $25.88 billion. The number […]