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Live Well Work Well – February 2023 How Cold Weather Affects Tire Pressure Zalma’s Insurance Fraud Letter – February 1, 2023 Startup 101: What goes in a startup data room Pull, Don’t Push: How Catalysts Overcome Barriers and Drive Product Adoption Headspace Health goes international, launches with employers based in the U.K. 5 Interesting Learnings from Jamf at $500 Million in ARR What is Hindenburg Research, the firm that has taken billions off the net worth of Asia’s richest man? ARK’s Cathie Wood predicts these innovations will soar in value to $200 trillion by 2030 America may soon lose a Muslim, African-born lawmaker from its Foreign Affairs Committee: Ilhan Omar

Microsoft says cloud demand waning, plans to infuse AI into products

Microsoft on Tuesday said it expects the growth across its cloud business to temper down through 2023 as enterprises brace for economic headwinds.

The Windows-maker reported 29% growth in total cloud revenue to $21.5 billion for the second quarter of fiscal year 2023, slowing from Q1, 2023 where the company posted 31% growth for the segment. These numbers exclude the impact of currency fluctuations. Microsoft said it expects its third quarter cloud gross margin to decrease by one percentage point, driven by Azure.

Microsoft Azure and other cloud services grew 38% in constant currency terms on a year-on-year basis, slowing down by 4% from the previous sequential quarter. 

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