In his newly built palace near Tokyo, lined by stone statues of Roman emperors and surrounded by an 18-hole golf course, Masayoshi Son was stewing. After declaring for years the imminent arrival of the artificial-intelligence revolution,

Microsoft reported that its flagship cloud computing business experienced a slowdown in growth amid constraints on data center supply.

The software giant was previously the exclusive cloud provider for OpenAI and now retains right of first refusal.

Cloud providers report a significant increase in demand for Nvidia H200 chips as DeepSeek's AI models gain traction.

Microsoft won’t be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.

Microsoft gains $4.5 billion of annual revenue for every $1 increase in monthly fees from Microsoft 365/Office users. Read why MSFT stock is a Buy.

It also means that OpenAI’s API will be exclusive to Microsoft’s Azure cloud computing platform. Following around $14 billion investment into the AI company, Microsoft confirmed it remains "a ...

The OpenAI logo at the company’s 2023 developer conference. (GeekWire File Photo / Todd Bishop) Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a ...

Microsoft and OpenAI are loosening the tight bond that connects them. In future, OpenAI will be able to obtain cloud capacities for its AI from elsewhere.

Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to build enough data centers to handle demand for its artificial intelligence products.

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.

Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet to satisfy investors.