Microsoft CEO says ‘seeing increasing demand and diffusion across AI platform’

Says: “It was a very strong start to our fiscal year. Microsoft (MSFT) cloud revenue surpassed $49 billion, up 26% year over year. And our commercial RPO increased over 50% to nearly $400 billion, with a weighted average duration of only two years. We’re seeing increasing demand and diffusion of our AI platform and family of copilot’s, which is fueling our investments across both capital and talent. When it comes to infrastructure, we’re building a planet scale cloud and an AI factory maximizing tokens per dollar per watt while supporting the sovereignty needs. Of customers and countries. We’re innovating rapidly across the family of copilot, spanning the high value domains of information, work, coding, security science, health and consumer, and as you saw yesterday, we closed a new definitive agreement with OpenAI, marking the next chapter in what is one of the most successful partnerships and investments our industry has ever seen. This is a great milestone for both companies, and we continue to benefit mutually from each other’s growth across multiple dimensions.” Comments taken from Q1 earnings conference call.