Pakistan, July 30 -- Microsoft has reported stronger-than-expected quarterly financial results, with continued investment in cloud computing and artificial intelligence (AI) driving significant revenue and profit growth.

Read More: Microsoft beefs up ChatGPT and Bing in wide-ranging AI product

For the quarter ending in June, the technology giant posted $90 billion in revenue and $35.8 billion in net profit, easing investor concerns over whether its multibillion-dollar AI investments would deliver meaningful returns.

Chief Executive Officer Satya Nadella said Microsoft's AI-powered productivity platform, Copilot, now has more than 30 million users, reflecting growing demand from businesses adopting AI-powered tools to improve productivi...