We just announced our quarterly earnings results. $92.3 billion in revenue. $63.9 billion in Microsoft Cloud revenue. 48% Azure revenue growth. See our full FY27 Q1 results here: msft.it/6005a0nib
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Azure growing 48% at this scale says the AI winners right now are the landlords, not the apps. Most AI startups are renting compute to subsidize their users. Prove me wrong: who is actually making money on AI besides the cloud providers?

Oct 28, 2026 · 10:42 PM UTC

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