If I've learned anything about Microsoft over the past few weeks, it's that the company loves AI and hates employing humans. Is that an unfair read? Maybe, but it's difficult not to grow cynical about the company as it continues to lay off employees by the thousands even as it invests in controversial new technology. Microsoft's latest financial report suggests it's reaping some big rewards from those investments, too.
According to Microsoft's latest earnings release, the company raked in $27.2 billion in net income for the quarter, up 24% from the previous year. Those earnings were buoyed by a massive boost in revenue from Azure, the cloud computing platform where many of Microsoft's AI efforts lay.
