Microsoft saw a 17 percent jump in revenue and a 20 percent increase in profit for the first three months of the year, with a substantial contribution from sales of Azure cloud computing product, including generative A.I. services from partner OpenAI.
In recent quarters, Microsoft's push in AI has helped it gain market share from Amazon, with 53,000 customers using its cloud A.I. services, a third of whom are new to Azure, marking the beginning of an A.I. transformation era.
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