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OverviewAPI
Microsoft's Azure cloud infrastructure is experiencing significant growth, closing the gap with Amazon Web Services. Azure's revenue increased by 30%, while AWS experienced 13% year-over-year growth. The growth is attributed to the cozy OpenAI relationship and the excitement surrounding AI. Azure generated 46% of Microsoft's total operating income in the Intelligent Cloud segment, widening its gross margin. Analysts predict a potential acceleration in Azure's revenue growth due to new workloads and GenAI initiatives.

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