The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.
Microsoft is well-positioned for AI-driven growth, with Azure and cloud services seeing 40% YoY expansion and a $625 billion commercial backlog. Learn more about MSFT stock here.
Microsoft beat consensus on the top and bottom lines, as cloud growth moderated. The company had $37.5 billion in quarterly capital expenditures and finance leases, above Wall Street's $34.3 billion ...