Microsoft’s AI cloud surge lifts backlog to $625B as Azure growth accelerates

Microsoft reported sharp momentum in its AI-driven cloud business, with commercial remaining performance obligations rising 110% to $625 billion. Azure revenue climbed 39%, helping lift cloud profit to $51.5 billion. Microsoft 365 Copilot reached 15 million paid users. Heavy AI infrastructure spending trimmed margins, but bookings and long-term contracts signal sustained enterprise demand for AI and cloud services.