Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth.
Microsoft investors are questioning whether or not its cloud computing service Azure is doing enough business to make up for the billions it is spending on developing its artificial intelligence (AI) tools.
Before its earnings call, expected on July 30, data from Visible Alpha points to steady growth for Azure quarter-over-quarter, with 31% growth.
According to reports, investors expect even more growth related to AI, as it has contributed seven percentage points to Azure’s growth this year.