Overall Microsoft’s revenue is up, with AI tools pushing it forward
Annual revenue run rate for its AI business is up 175% YoY
Redmond opened two new data center regions last quarter
Microsoft revenue climbed a very healthy 12% year-over-year in the final three months of 2024, bringing the total quarterly figure to $69.6 billion and surpassing previous analyst expectations of $68.8 billion.
In the announcement, CEO Satya Nadella noted that its AI business’s annual revenue run rate now stands at $13 billion, up 175% year-over-year.