Microsoft topped market estimates for quarterly revenue on Wednesday, boosted by steady demand for its cloud services as businesses ramped up spending on artificial-intelligence tools.

The company topped revenue expectations on strong Azure cloud-computing growth, reassuring investors that its hefty AI investments were paying off.

Cloud growth appears to be the main driver of improved revenues, with overall Microsoft Cloud revenue reaching $42.4 billion, up 20 percent. Microsoft hasn’t split out its AI re

Microsoft has pledged to fight any U.S. government order to halt data center operations in Europe, as it sought to soothe concerns among European customers that trans-Atlantic tensions would lead to s

Microsoft announced Wednesday that it has expanded its cloud and AI infrastructure in Europe and will follow local laws.

Microsoft (MSFT) announced five digital commitments to Europe, including expansion of its cloud and AI infrastructure in the region.