Nadella says Microsoft's fungible fleet shifts capacity to top AI opportunities

AISatya Nadella says Microsoft has a fungible infrastructure fleet that dynamically allocates capacity across compute, data, Foundry, and Copilot. He says Microsoft is bringing capacity online faster and getting more from existing infrastructure. He adds that Azure growth was broad-based across enterprise and SMB customers, spanning core cloud services and AI infrastructure.

AISatya Nadella says Microsoft's Foundry platform revenue more than tripled year over year, with customers building on multiple models growing 5X and open-source model revenue up 10X. Microsoft is also bringing Foundry and Fabric closer together so customers can build agents next to their data, and nearly 60K customers now access Microsoft IQ context, up 25% quarter over quarter.