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Home/India Tech/Microsoft to go bigger on capex as AI-led cloud surges
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Microsoft to go bigger on capex as AI-led cloud surges

Microsoft’s Q3 performance was driven by its cloud business, which generated $54.5 billion in revenue, up 29% year-on-year. Overall revenue rose 18% to $82.9 billion, while net profit climbed 23% to $31.8 billion.

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