According to CoinMeta, Microsoft CEO Satya Nadella stated that Microsoft's own AI chips are driving efficiency improvements of up to 40%. On July 29th, Microsoft (Nasdaq: MSFT) announced strong financial results for the fourth quarter of its 2026 fiscal year, with its cloud computing business performing particularly well, with Azure sales increasing by 43% year-over-year. Nadella pointed out that Microsoft's efforts in this area will bring a favorable mid-term boost to the company. By the end of the 2026 fiscal year, Microsoft's cloud business had an order backlog of $678 billion, a year-over-year increase of 84%. With the continued expansion of AI infrastructure spending, Microsoft is poised to become a major winner in this market.