Technologist Microsoft said on Wednesday that his profit rose in the recent quarter of the expectations of the units of cloud computing and artificial intelligence (AI).
Microsoft made a profit of $ 27.2 billion of $ 76.4 billion, of which around 29.9 billion dollars were earned by its intelligent cloud business.
“Cloud and AI are the driving force of business transformation in every industry and in every industry,” said Satya Nadella, managing director of Microsoft, in a publication of profit.
“We innovate in the entire Tech stack to help customers adapt and grow in this new era.”
According to Nadella, the Azure Cloud Computing offer from Microsoft brought more than 75 billion US dollars for the company’s financial year, which ended on June 30, with 34 percent compared to the previous year.
The Microsoft shares rose by around 7 percent in the after-market trades increased by 7 percent after the publication of the earnings figures.
“This was a slam-dark quarter for Microsoft with Cloud and KI, which promoted significant business transformations in all sectors and industries,” said Dan Ives, analyst of Wedbush Securities, in a reference to investors.
“The company continues to use the AI revolution.”
Microsoft is well positioned to make money because, according to Ivives, the number of companies increases the efforts to use artificial intelligence in their business.
Microsoft was one of the first tech giants to double artificial intelligence when Chatgpt’s start in 2022 rocked the Tech industry.
Like its competitors, it was massive with the establishment of the infrastructure that is necessary to power the AI revolution, with the analysts keeping an eye on the return on investment.
The company announced in January that it should pump around 80 billion US dollars in capital and infrastructure in the financial year.
Nadella said that it has a priority to find enough power sources for the needs of the AI data center.
At the beginning of July, Microsoft reduced a little less than four percent of its global workforce to reduce layers of middle management and use new technologies.
“We continue to implement organizational changes that are necessary to best position the company and the teams for success in a dynamic market,” said a Microsoft spokesman in an e -mail.
The job cuts follow a round in May, in which around 6,000 positions were taken from his global workforce.
The company, which is prepared in its plans to use AI in all products, said it is working to “enable employees to concentrate more time on meaningful work by using new technologies and skills”.
GC/SLA