Microsoft shares dip on slower cloud growth amid AI demand

Microsoft shares dip on slower cloud growth amid AI demand

Wall Street worries about future AI profitability amid rising costs.
Published on: 

Microsoft shares fell after the company projected slower cloud revenue growth, citing data centre constraints affecting Azure's AI services. Increased spending on data centres aims to support Microsoft's AI-powered offerings, yet Wall Street worries about future AI profitability amid rising costs.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

By Dina Bass and Matt Day

___STEADY_PAYWALL___

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com