Microsoft's cloud business, a key pillar of the Club's investment case, stands to gain from the AI craze

Microsoft CEO Satya Nadella said Tuesday that the technology giant's profitable cloud-computing division, Azure, will help it monetize its burgeoning artificial intelligence capabilities. While we maintain a healthy skepticism around the current AI buzz, we do agree on Azure's potential to drive long-term growth at the Club holding. It remains uncertain exactly how AI "will reshape all software categories," Nadella said in an interview with CNBC.

Microsoft CEO Satya Nadella speaks at the company's Ignite Spotlight event in Seoul on Nov. 15, 2022. CEO Satya Nadella said Tuesday that the technology giant's profitable cloud-computing division, Azure, will help it monetize its burgeoning artificial intelligence capabilities. While we maintain a healthy skepticism around the current AI buzz, we do agree on Azure's potential to drive long-term growth at the Club holding.

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