AI startup Perplexity inked a $750 million deal with Microsoft Corp. to use its Azure cloud service amid a legal feud with Perplexity’s longtime cloud partner, Amazon.com Inc.

Perplexity signs a $750 million Microsoft Azure cloud deal, expanding AI model access while continuing its AWS partnership.

Shares dropped the most since March 2020 on Thursday, with investors fleeing the stock amid slower cloud growth and big spending on AI.

Microsoft signs $750M Perplexity cloud deal as shares drop 10% on weak Azure growth and margin guidance for Q2 FY26.

Microsoft’s earnings sell-off highlights investor focus on Azure, with cloud growth and AI capacity limits weighing on the stock.

AI startup Perplexity has signed a $750 million Azure deal with Microsoft while keeping Amazon AWS as its main cloud partner in a growing multi-cloud AI push.

Meta’s AI investments immediately improve ad performance, which instantly boosts revenue. Microsoft’s AI investments require enterprise adoption cycles, which are slower and harder to monetize quickly. Therefore, Meta’s AI ROI appears faster, even though Microsoft’s long‑term AI monetization potential is larger.

Microsoft’s big financial bet on artificial intelligence got even bigger in the December quarter, but it also showed continued signs… Read More

Microsoft will provide Azure cloud service offerings to support the Air Force Cloud One program and its users.