Microsoft's investments in artificial intelligence and gaming paid off, with profits exceeding Wall Street's expectations in Q2.
The company's strategic focus on AI, highlighted by products like Copilot, is driving significant business outcomes and growth in cloud computing revenue.
With a stock market value nearing $3tn, Microsoft's revenue increased by 17% to $61.86bn, surpassing analyst predictions.
Microsoft aims to solidify its position in the AI industry by investing in ChatGPT developer OpenAI and attracting top talent from competitors like Google.
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