Microsoft Q1 income rises: It's all about AI says CEO Nadella

Microsoft reported total revenue of $56.5bn for the quarter, up 12% year-over-year

clock • 12 min read
Microsoft Q1 income rises: It's all about AI says CEO Nadella
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Microsoft Q1 income rises: It's all about AI says CEO Nadella

With Microsoft 365 Copilot set to become generally available 1st November, the company already has tens of thousands of users and 40% of the Fortune 100 in the Copilot early access programme—including KPMG, Mayo Clinic and Visa—executives revealed on Tuesday during a quarterly earnings call.

Although Microsoft CFO Amy Hood expects related M365 Copilot revenue "to grow gradually over time," the revenue opportunity from AI is already here, with 28% growth year-over-year in Azure and othe...

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