Microsoft's AI Investments Drive Strong Cloud Growth

Microsoft's AI-powered cloud business grew 29% year-over-year and exceeded estimates, showing the company's AI bets are paying off.

Satya Nadella singled out AI "copilots" - Microsoft's chatbots - as a key driver of productivity gains for customers.

Over 1 million paid users are using Copilot, with 40% quarterly growth, and GitHub developers have quadrupled since acquisition.

Industrial, healthcare, and security companies are using Dynamics 365 and Security AI to get faster insights.

Microsoft had a head start in generative AI through its relationship with OpenAI and is now using it to automate office tasks.