https://apnews.com/article/microsoft-profit-earnings-ai-c64ccdc3db334f544cecf521e0a61209

REDMOND, Wash. (AP) — Microsoft on Tuesday reported a 9% increase in profit for the January-March quarter, as growth in cloud computing sales helped bolster its plans to expand its use of artificial intelligence.

The company reported quarterly profit of $18.3 billion, or $2.45 per share, beating Wall Street expectations for earnings of $2.24 a share.