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The vast cloud department of Microsoft has registered a slower growth than Wall Street’s expectations, as the technology group has struggled to keep pace with customer demand for services related to artificial intelligence.

The Sayattle-based software group has won the expenses of analysts to obtain revenues and net income in the quarter ending in December, but its cloud-largest revenue driver, which includes the AZURE-AZURE-AZURE-AZURE-AZURE-AZURE-AZURE-AZURE-Azure-Azure-Azure-Azure-Displain.

Although the AZURE intelligence services are growing 157 percent on an annual basis, financial director Amy Hood said Microsoft It is expected that the “continuous influence” of capacity restrictions will continue in 2025, as the company worked to “address the implementation challenges.” She said this would raise the end of the fiscal year.

The Microsoft General Cloud section of Microsoft increased by 21 percent in revenue from a year to $ 40.9 billion, as missing in a 41.1 billion dollar investigative study.

The disappointing results of the cloud unit sent shares that slide more than 4 percent in trading after working hours in New York, leaving the group dedicated to giving up about $ 150 billion in the market value.

The group’s revenues for a quarter increased by 12 percent of the previous year to a record number of $ 69.6 billion. Net income increased by 10 percent to 24.1 billion dollars, before the average estimate of Bloomberg scanning at a value of $ 23.5 billion.

Microsoft spent $ 22.6 billion on capital expenditures in the second quarter, doubled in the previous year. Earlier this month, the company said it would spend nearly $ 80 billion in this fiscal year ending June 30 to build the infrastructure for the data center needed to train artificial intelligence models and publish requests.

The bumper spending comes around Wall Street around Dibsic in China, which claims to be able to perform artificial intelligence tasks as well as large American companies such as Microsoft, but in a small part of the cost.

CEO Satia Nadella said Dibsic has shown “real innovation”, including the OpenAi model performance matching, which was described for his ability to answer more advanced and scientific questions.

“We’ll see that everyone is used and will be widely used. The big beneficiaries in any software cycle like this is the customer.

Nadella added one of the lessons from moving to cloud computing – when companies use external sources of computer processing to external servers – with a decrease in the cost of resources, the demand increased. “The improvement means that it will be more everywhere,” he added.

The program giant was one of the main beneficiaries in You have a boomWith the increase in demand for its cloud services and enthusiasm over its partnership, which is worth $ 13 billion, with Openai, which it pays to a small club from companies that exceed the values ​​of the market 3 American.

Openai models support Microsoft Microsoft Chat and its Great Language Model via Azure.

Last week, the group said it would change the structure of its deal with Openai to enable the start of the start of the competitors’ cloud computing services. But she booked the right of the first rejection.

The move came at a time when the young people have made plans with the Oracle and SoftBank provider in Japan to build at least $ 100 billion of Amnesty International Infrastructure in the United States as part of a project called the project name Stargate. Microsoft was only named as a technical partner for the project.

“Their success is our success due to all other commercial arrangements,” Nadella said, referring to the arrangement of Microsoft’s profits with Openai as well as the rights of application and intellectual property, before warning the company against improving costs. “You don’t want to buy a lot of anything simultaneously.”

The company added that Microsoft has published a 67 percent increase in commercial demand for services in the quarter that has been largely moved by Openai.