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“All up, our AI business is on track to surpass an annual revenue run rate of $10 billion next quarter, which will make it the fastest business in our history to reach this milestone.”
On the January 29, 2025 FY25 Q2 results, Microsoft announced its AI business had surpassed an annual revenue run rate of $13 billion, up 175% year-over-year — comfortably above the $10 billion milestone Nadella forecast for that quarter.