Ashley Capoot / CNBC:

Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B  —  Microsoft reported better-than-expected results for its fiscal first quarter as revenue in the company's Azure cloud business jumped 40%.

Ashley Capoot / CNBC:

Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B  —  Microsoft reported better-than-expected results for its fiscal first quarter as revenue in the company's Azure cloud business jumped 40%.

Source: TechMeme
Source Link: http://www.techmeme.com/251029/p53#a251029p53