Microsoft's going to keep spending big as AI continues to boom

Microsoft plans to boost spending on AI and cloud services as demand rises.The company made $26.7 billion in revenue this quarter from cloud products, including Azure.Microsoft's spending commitment follows leaked plans to acquire 1.8 million AI chips in 2024. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ad ...