Microsoft’s AI bets boost cloud business, Alphabet yet to find silver lining ...Middle East

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Microsoft’s AI bets boost cloud business, Alphabet yet to find silver lining
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[1/2]A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights Microsoft Azure 29% revenue growth beats estimates Google Cloud revenue growth slows, misses estimates Alphabet shares drop 7%, Microsoft jumps 5% Oct 24 (Reuters) – Google-parent Alphabet’s (GOOGL.O) cloud business suffered as long-time rival Microsoft’s (MSFT.O) took off in the September quarter, demonstrating early signs that the Windows maker’s investment in artificial intelligence was paying off. Alphabet’s shares fell 7% in after hours trading on Tuesday. Microsoft’s rose 5%. The drop in Alphabet’s

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