Microsoft Says It's Seeing More Demand for AI Than It Can Keep Up With
After Microsoft (MSFT) reported fiscal first-quarter earnings that topped analysts' estimates, CFO Amy Hood told investors on the company's earnings call that demand for artificial intelligence (AI) "continues to be higher than our available capacity." Microsoft's Intelligent Cloud segment, which includes the Azure cloud computing platform, led growth in the quarter. Revenue from the segment jumped 20% year-over-year to $24.09 billion as demand for AI surged, though analysts had expected more. The Fastest-G ...