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Microsoft's annual cloud revenue hits $75B, profit beats expectations

December 17, 2017 | TechXplore AI
Microsoft's annual cloud revenue hits $75B, profit beats expectations
A Microsoft sign and logo are pictured at the company's headquarters, Friday, April 4, 2025, in Redmond, Wash. Credit: AP Photo/Jason Redmond, File Microsoft said Wednesday that annual revenue for its flagship Azure cloud computing platform has surpassed $75 billion, up 34% from a year earlier. The Azure cloud business is a centerpiece of Microsoft's efforts to shift its focus to artificial intelligence, but until Wednesday the company hadn't disclosed how