"We continue to increase our investment in AI, both in terms of capital and talent, to capitalize on the enormous opportunities."
"AI spending rose 74 percent to €30.1 billion ($34.9 billion). The deal with OpenAI gives Microsoft a 27 percent stake in OpenAI, valued at €116.4 billion ($135 billion). The latter may be aiming for an IPO in 2026 or 2027 with a market value of $1 trillion."
"Our need to expand infrastructure is enormous. That's for business already booked, not for new orders."
Microsoft reported €67 billion ($77.7 billion) revenue and €3.21 ($3.72) earnings per share, both above expectations, while Azure grew 40 percent and experienced an outage. Microsoft AI spending rose 74 percent to €30.1 billion ($34.9 billion), and Microsoft holds a 27 percent stake in OpenAI valued at €116.4 billion ($135 billion); OpenAI may pursue an IPO in 2026 or 2027 with a potential $1 trillion valuation. CFO Amy Hood said infrastructure expansion is driven by already booked business. Alphabet surpassed $100 billion (€86.2 billion) in quarterly revenue with 16 percent growth, Google Cloud grew 34 percent to €13.1 billion, and profits rose 33 percent to €30.2 billion. Alphabet plans €78.4–80.2 billion in 2025 capital expenditures for data centers and AI capacity. ServiceNow reported €2.9 billion ($3.41 billion) revenue, up 22 percent, beating expectations.
Read at Techzine Global
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