Microsoft's Azure Cloud Tops $100 Billion in Yearly Revenue

Microsoft's Azure cloud service earned over $100 billion in a single year for the first time in fiscal 2026. The company's backlog of signed-but-not-yet-delivered contracts jumped 84% to $678 billion. Its AI assistant, Microsoft 365 Copilot, reached more than 30 million paying users. Together, these numbers show businesses are committing serious, long-term money to AI tools.