Microsoft AI Run Rate Hits $37B as $627B Backlog Reveals Capacity Gap

Dev.to AI
AI Business

Microsoft's $37B AI run rate and $627B backlog show AI demand outpacing data center capacity, with delivery windows stretching to 18 months. Microsoft reported a $37B annual AI revenue run rate and a $627B commercial backlog. Azure grew 40% year over year, but the numbers reveal a widening gap between AI demand and physical data center capacity.