News > Microsoft's Xbox unit logs 61% growth, fuelled by purchase of Activision-Blizzard

Microsoft's Xbox unit logs 61% growth, fuelled by purchase of Activision-Blizzard

Microsoft Corp.'s Azure cloud-computing service slowed down in quarterly growth, disappointing investors anxious to see a payoff from huge investments in AI products. Revenue from Azure, Microsoft's main growth engine, rose 29% in the fiscal fourth quarter, compared with a 31% jump in the previous period. About 8 percentage points of the increase in the recent period was attributable to AI, up from seven percentage points in the prior quarter.