Lates News

Swissquote Bank analyst Ipek Ozkardeskaya said that Microsoft's data for the third quarter showed a strong demand for artificial intelligence despite concerns about oversupply. Microsoft's Azure cloud computing business saw revenue increase by 35% year-on-year for the quarter ending in March, exceeding analysts' expectations of 31% growth. Ozkardeskaya said that the strong growth in the company's cloud business confirms that the demand for artificial intelligence remains solid.