Microsoft has lowered its growth targets for some artificial intelligence products in its Azure cloud unit. This decision reflects a more conservative approach to forecasting demand for AI solutions in the near term. The company, however, remains a key player in the cloud and AI markets.
Microsoft Lowers AI Product Sales Targets in Azure
The tech giant Microsoft has adjusted its growth forecasts for several of its AI-powered solutions within the Azure cloud platform. This adjustment indicates more tempered expectations for the pace of AI technology adoption by enterprise clients.