Morgan Stanley projects Microsoft’s Azure AI data center capacity will quadruple by fiscal 2028. This expansion is expected to drive a substantial surge in cloud revenue.
HSBC estimates that Microsoft’s partnership with Anthropic could add $43 billion in annual Azure revenue by 2030.
Microsoft is shifting its strategy from an exclusive OpenAI partnership toward a broader multi-model AI platform. The company is integrating various third-party and in-house models to establish Azure as a comprehensive enterprise AI hub. This move provides clients with greater flexibility for AI deployments to drive long-term cloud growth.