Microsoft Earnings Have Been Hurt by Cooling Software Demand, Boosted by AI

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Microsoft’s revenue growth slowed last quarter amid sluggish corporate demand even as a jump in excitement around artificial intelligence is bolstering its business

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The company’s cloud infrastructure and relationship with OpenAI have helped make it a leader in generative AI technologyMeta, Alphabet and Microsoft are among the big tech names reporting their earnings this week. The latest report on U.S. economic growth and comments from Fed Chair Jerome Powell are also scheduled. Photo: Justin Sullivanrevenue growth slowed last quarter amid sluggish corporate demand even as a jump in excitement around artificial intelligence is bolstering its business.

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