Microsoft reported strong revenue growth in its cloud and AI businesses, with Intelligent Cloud revenue up 32% to $39.3 billion and overall revenue rising 18% to $90 billion in the quarter ended June 30, 2026. To manage rising capital expenditures, Microsoft is extending the useful life of its data centers and office buildings from 15 to 25 years, shifting many leases from finance to operating leases, which reduces capital expenditure reporting. Despite a 70% increase in capital expenditures to $41 billion due to AI and cloud demand, Microsoft expects double-digit revenue growth in fiscal 2027 and maintains its 2026 capex outlook at about $175 billion. This strategy helps soften the financial impact of expanding AI infrastructure while supporting strong customer adoption of AI products like Microsoft 365 Copilot.
Nebius announced a $40 billion spending plan for 2027 to expand its neocloud data centers, relying heavily on customer prepayments and loans backed by contracts, especially from Microsoft. However, delays at a major Microsoft data center in New Jerse...
Cerebras Systems reported better-than-expected revenue of $230.9 million for Q3, surpassing analyst estimates of $214.7 million, despite a loss per share of 67 cents. The AI chipmaker announced a new partnership with Microsoft, with revenue from this...
TRM Labs introduced the Disruption Awards to recognize coalitions of public and private organizations that successfully disrupted major cybercrimes in 2026. Winners include groups that took down a phishing service responsible for most Microsoft-block...
Microsoft experienced a widespread outage on Thursday affecting thousands of users in North America, impacting services such as Outlook, Teams, and Microsoft 365. The issue began around 1 p.m. ET and was linked to elevated server load and unavailable...
Microsoft faces potential disruption in its office productivity market from AI developers like Anthropic, which could weaken its traditional Windows and Office software moat by lowering switching costs and enabling software recompilation. Despite thi...
