Microsoft Forecasts Slower Cloud Business Growth in Second Quarter

Microsoft Predicted Increased Spending on Artificial Intelligence This Quarter but Slower Growth in its cloud business AzureSignaling that big ai investments were not enough to keep pace with capacity constraints at its centers. Shares of the Redmond, Washington-Based Company Dipped 3.6% in after-Market Trading, Giving Up Earlier Gains. The company beat wall street’s estimates for … Read more