Reported 1 day ago
Microsoft is expected to report its Q1 earnings soon, following a recent deal with OpenAI that restructures the latter into a public benefit corporation. Microsoft will hold a 27% stake in OpenAI Group, valued at $135 billion, and is projected to announce adjusted earnings of $3.68 per share on revenue of $75.5 billion. Analysts predict significant growth in both the company's commercial cloud revenue and AI contributions to its Azure segment, suggesting positive trends in enterprise demand and AI infrastructure development.
Source: YAHOO