News list for "computing service"

Microsoft's quarterly revenue topped expectations on Wednesday on the back of strong growth in its Azure cloud computing business, giving investors confidence that its huge investment in artificial intelligence is paying off and sending the company's shares up more than 6 percent in after-hours trading. The result is likely to ease concerns about slowing demand for artificial intelligence after some analysts pointed to Microsoft's cancellation of data center leases as a sign of overcapacity. Inv...

2025-04-30 20:34:49