Microsoft’s $190 billion AI capex year isn’t buying enough compute, and executives are asking why CEO Satya Nadella’s allocation puts Azure tenants like Adobe ahead of M365 Copilot. CFO Amy Hood told investors first-party apps get GPUs first and Azure customers get the remainder. Business Insider reports Microsoft is now shopping Amazon and Google for capacity after GitHub outages, with the stock down 24% before Q4 earnings.
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