Its AI-powered business productivity tool, Copilot, also has over 30 million paid users. Read more at straitstimes.com. Read more at straitstimes.com.

Microsoft’s Azure grew 43% and passed $100bn for the year, its backlog hit $678bn, and the stock rose 2%. But AI capital spending keeps climbing.

July 29 : Microsoft on Wednesday said it expects to keep generating cash through its just-started fiscal 2027 and gave a capital expenditure forecast below Wall Street estimates…

Capex spending? What? Me worry?