Microsoft and Oracle Capitalize on AI Demand
Microsoft (NASDAQ: MSFT) reported an 18% year-over-year revenue increase in its recent quarter, driven primarily by the demand for AI features in Microsoft 365 and Azure. The company generated $147 billion in cash from operations over the last 12 months, underlining its financial strength as it invests heavily in data center expansion to support growing AI capabilities.
Oracle (NYSE: ORCL) experienced a 68% year-over-year revenue boost in its cloud infrastructure segment, which now represents 25% of its overall revenue. This growth positions Oracle well in the $159 billion cloud infrastructure services market, expected to grow by 13% annually through 2034. The demand for multicloud solutions is evident, with Oracle’s multicloud revenue increasing by 817% year-over-year.
