In this episode, we discuss the latest tech earnings reports and their implications for the industry. Microsoft reported strong Q1 2024 results, with a 13% revenue growth driven by investments in AI and its generative AI product range. Azure and cloud services saw a 29% year-on-year revenue increase, and the company expects continued growth in Intelligent Cloud and Azure in Q2, fueled by AI workloads. Additionally, Microsoft CEO Satya Nadella revealed that GitHub Copilot has gained over 1 million users in more than 37,000 organizations. Stay tuned to learn more about the impact of enterprise spending on cloud growth and the emerging threat to managed service providers.
Three things to know today
00:00 Enterprise Spending Drives Cloud Growth: Key Takeaways from Q1 2024 Earnings Reports
06:31 Octo Tempest: The Emerging Threat to Managed Service Providers and Beyond
08:33 AI in the Spotlight: What to Expect from Biden's 100-Page Executive Order
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Business of Tech: Daily 10-Minute IT Services Insights