The company announced that in the last quarter of the financial year ending in June, its revenue reached 90 billion USD, and net profit was 35.8 billion USD, which may reduce investors’ and analysts’ concerns about whether investments in AI are paying off.
Read more Analysts: economic growth in the second quarter was driven by consumption, construction
Microsoft CEO Satya Nadella stated that the AI-based business productivity tool Copilot also has more than 30 million paying users, indicating customer confidence as they use Microsoft products to “accelerate their transition to artificial intelligence.”
Read more Digital product passport becomes a reality: what it means for Lithuanian business
