A person walks past Microsoft signage at the headquarters in Redmond, Washington, U.S., January 18, 2023. REUTERS/Matt Mills McKnight/File Photo
(Reuters) -Microsoft beat market estimates for quarterly profit and revenue on Tuesday, as new artificial-intelligence features helped attract customers to its Azure cloud service as they built out their own AI services.
But Microsoft shares were down 1% after-hours as investors absorbed news about rising costs to develop these AI features.
