Microsoft disclosed Azure's quarterly revenue for the first time, revealing $33.2 billion. The disclosure marks a significant milestone as the cloud division narrows the gap with Amazon Web Services, its largest competitor in the market. Source
Microsoft reported quarterly revenue of $92.3 billion, a 19 percent increase year-on-year, marking its tenth consecutive quarter of record-breaking results. The sustained growth underscores the company's financial strength despite persistent questions about the returns on its massive artificial-intelligence investments. Source
Microsoft recorded $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments. The figure highlights the financial interdependence between the two companies and underscores Microsoft's substantial reliance on the partnership despite its broader diversification into AI infrastructure. Source
Alphabet reported third-quarter revenue growth of 25 percent year-on-year to $127.6 billion, with Google expanding its AI Search ads globally as core advertising growth slows. The expansion reflects Google's effort to capture incremental revenue from its search product as traditional ad formats face maturation. Source
Nvidia released a free speech-to-text model capable of transcribing up to 40 languages. The model works on recordings rather than live audio, positioning it for applications in meeting and medical transcription while leaving real-time use cases to competitors like ElevenLabs. Source