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Microsoft Azure
Cloud
Hyperscale capex climbs as digital services drive $2.65T revenue surge
AI, cloud, and SaaS growth fueled double-digit revenue gains for hyperscalers in 2024—pushing capex-to-revenue ratios above 12%.
Newsroom
Apr 11, 2025 8:14am
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GenAI is generating monster cloud growth
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Alphabet, Microsoft can’t keep up with cloud demand
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Microsoft's big problem: keeping up with AI demand
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