Microsoft CFO Says For The Full Year, Cloud Revenue Surpassed $214B, With Nearly 90% From Customers Outside Of Frontier Model Companies; In Cloud Business, Customer Demand Continues To Exceed Available Capacity; Revenue Growth In Cloud Unit Helped By Earlier Delivery Of New Capacity; Additional Import Of Capacity Was Quickly Monetized
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Why It Matters
Microsoft's cloud business made over $214 billion, and most of it came from regular companies, not just AI startups. People want to use Microsoft's cloud services so much that they're running out of space, so the company is building more.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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