Microsoft Intelligent Cloud Revenue Climbs 20% Driven By Azure Growth

Microsoft's Intelligent Cloud segment generates $4.4 billion in additional revenue during the second fiscal quarter of 2024. Azure and other cloud services lead the way with 30 percent growth.

15 Jun 2024 • 1 min read

Microsoft reports strong financial results for its Intelligent Cloud segment in the second quarter of fiscal year 2024. Total revenue for the division increases by $4.4 billion, representing a solid 20 percent jump compared to the previous year. Server products and cloud services drive this impressive growth with a 22 percent revenue increase, while enterprise and partner services see a modest 1 percent gain.

Azure and other cloud services stand out as the primary engine for this expansion, achieving 30 percent revenue growth. This surge comes directly from increased demand for consumption-based services. Separately, traditional server products revenue grows by 3 percent as customers continue to demand Windows Server and SQL Server for their multi-cloud environments.

Profitability also improves significantly alongside the rising revenue. Operating income for the Intelligent Cloud segment climbs by $3.6 billion, marking a 40 percent increase. Although scaling artificial intelligence infrastructure partially offsets the gains, the overall gross margin grows by $3.1 billion, and favorable foreign currency impacts provide an additional boost to the bottom line.

Qilin Ransomware Gang Exploits Critical Palo Alto VPN Flaw

The Qilin ransomware gang actively exploits a critical PAN-OS GlobalProtect authentication bypass vulnerability to breach corporate networks and deploy ransomware. The flaw, tracked as CVE-2026-0257, allows attackers to bypass security restrictions and establish unauthorized VPN connections on unpatched devices. Palo Alto Networks patched the vulnerability on May 13, but threat

22 Jul 2026 1 min read

Deezer Reports AI-Generated Music Now Exceeds Half of All Daily Uploads

Music streaming service Deezer reports that AI-generated tracks now account for more than half of all daily uploads on its platform, reaching a peak monthly average of 90,000 tracks per day in June 2026. The figure represents a dramatic escalation from just 10% of daily uploads in January 2025,

21 Jul 2026 1 min read

Data Centers on Track to Consume 20% of U.S. Electricity by 2035

Data centers in the United States are on pace to consume four times more electricity by 2035, accounting for roughly one-fifth of all power generated in the country, according to a new report from BloombergNEF. The surge is largely driven by explosive growth in artificial intelligence compute, with nearly half

21 Jul 2026 1 min read

Sign up