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Euronews
Euronews
AP with Una Hajdari

Microsoft beats revenue expectations and invests a further €30bn in AI

Microsoft OpenAI Nvidia

Microsoft beat forecasts on both sales and profit in the last quarter, posting $77.7 billion (€6.62bn) in revenue and $30.8bn (€26.52bn) in income.

The firm nonetheless surprised some investors by the scale of its spending on cloud and AI infrastructure, sending shares down more than 3% after hours. Microsoft's results also came as the company's Azure services recovered from an outage on Wednesday.

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