← Latest news 
Microsoft cloud revenue jumps as spending cools and AI investment bets pay off for investors
Business
Published on 29 April 2026
Infrastructure spending came in unexpectedly lower this quarter
Microsoft’s cloud revenue rose in the March quarter, while infrastructure spending landed below expectations. The mix is aimed at easing investor concerns over the company’s heavy AI spending. Microsoft is also pushing new AI offerings and partnerships to strengthen its position in the cloud race as peers intensify their AI infrastructure buildouts.
- Microsoft cloud revenue accelerated in the March quarter
- Infrastructure spending was lower than analysts expected
- Company sought to reassure investors about AI investment levels
- Microsoft expands AI products and partnerships to stay competitive
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times