Azure is part of Microsoft's Intelligent Cloud group, which delivered revenue of $29.9 billion for the quarter, up 26 percent. The company's Productivity and Business Processes group posted revenue of $33.1 billion, up 16 percent. That includes Microsoft 365 Commercial and Consumer products, LinkedIn, and Dynamics products.

Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven by its cloud computing and artificial intelligence (AI) units.Microsoft was one of the first tech giants to double down on artificial intelligence when the launch of ChatGPT in 2022 rocked the tech industry.

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its artificial intelligence services.Investors, applauding accelerating growth in the company’s cloud-computing unit,