---
title: "Has Microsoft's \"bad data\" passed?"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/226677077.md"
description: "Microsoft's latest financial report shows that its core cloud business Azure and other cloud service revenues grew slightly below expectations, but future order volume surged by 67%. This may indicate that Microsoft's Azure cloud business will accelerate growth in the coming quarters. Currently, Microsoft is increasing the capacity of its data centers to meet demand"
datetime: "2025-01-30T11:55:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226677077.md)
  - [en](https://longbridge.com/en/news/226677077.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226677077.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/226677077.md) | [繁體中文](https://longbridge.com/zh-HK/news/226677077.md)


# Has Microsoft's "bad data" passed?

Microsoft's cloud business growth slows, but the outlook is bright.

On Wednesday, Microsoft announced its latest financial report, **showing that its core cloud business Azure and other cloud services revenue grew by 31%, slowing from 33% in the third quarter, slightly below expectations, but future order volume surged by 67%.**

Analysts stated that the surge in order volume indicates strong customer demand, especially in the AI sector, which may also **signal that Microsoft's Azure cloud business will accelerate growth in the coming quarters, alleviating investor concerns.**

Of course, analysts also cautioned that overemphasizing order volume data carries certain risks, as order volume only reflects signed contracts, which may contain clauses allowing customers to exit the contract after a certain period or withdraw the contract if specific obligations are not met.

## Microsoft is increasing data center capacity to meet demand

According to reports, **Microsoft is the exclusive cloud service provider for OpenAI, but is currently facing capacity constraints on its cloud service platform, so Microsoft is increasing data center capacity to meet demand.**

Evercore ISI analyst Kirk Materne stated:

> “Once capacity comes online, Azure's growth should look better.”

Last week, OpenAI, along with SoftBank Group and Oracle, established a joint venture to build more data centers in Texas to train and run its AI models. Microsoft CEO Satya Nadella stated in an analyst conference call:

> “We are still very pleased with our partnership with OpenAI, as you can see, they have made a large-scale commitment to using Azure, and what we see in the order volume is just the first batch of results.”

However, it is important to note that **Microsoft has agreed to relinquish its status as the exclusive cloud service provider for OpenAI,** and SoftBank Group is negotiating to invest $15 billion to $25 billion in OpenAI, which, if realized, could make SoftBank the largest investor in OpenAI, surpassing Microsoft

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