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Microsoft's Big Bets on AI Start to Pay Off

Bloomberg Technology Wednesday 28 October 2026, 21:29 UTC 1 min read
Key Points

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion.

Microsoft Corp. reported better-than-expected cloud revenue, suggesting the company continues to reap the benefits of its massive investment in artificial intelligence. Sales at Azure were up 48%. Revenue from a commercial deal with OpenAI totaled $10 billion. Bloomberg's Ed Ludlow and Anurag Rana of Bloomberg Intelligence report. (Source: Bloomberg)
Microsoft (ORG) Big Bets (ORG) AI Start to Pay Off Microsoft Corp. (ORG) Azure (ORG) OpenAI (LOCATION) Bloomberg (ORG) Ed Ludlow (PERSON) Anurag Rana (PERSON) Bloomberg Intelligence (ORG)
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