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# Microsoft’s AI strategy is paying off with solid cloud revenue growth

**[Venture Beat](https://daily.dev/sources/venturebeat)** · 4 min read · 0 upvotes · 0 comments

## Summary

Microsoft reported strong FY24 Q1 results, with revenue up 13% and net income up 27%. Azure had 29% revenue growth, fueled by AI services. Microsoft plans to introduce over 100 new AI-powered products and services.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://venturebeat.com/ai/microsofts-ai-strategy-is-paying-off-with-solid-cloud-revenue-growth/>

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