Microsoft – Azure grows by 48% and Copilot gains traction
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Azure accelerates to 48% growth. For the current quarter, Microsoft even expects 49 to 50%. Daily Copilot usage rises by nearly 50% within a quarter. AI agents open up new revenue streams. Deals with OpenAI already generate $10 billion in quarterly revenue while also highlighting a concentration risk. Microsoft (MSFT) surpassed expectations with its quarterly figures released on October 28 after US market close. The stock gained about 3% in after-hours trading. Azure grows by 48% – Demand exceeds capacity Revenue from the Azure cloud...
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