Microsoft cuts targets for salespeople on certain AI products, Information says

Multiple Microsoft (MSFT) divisions have adjusted lower their targets for how much sales personnel are expected to grow their sales of certain AI products after many of them missed the company’s growth goals in the fiscal year that ended in June, The Information reports. Less than a fifth in the company’s Azure sales unit met their Foundry sales-growth targets, and in July, Microsoft lowered their targets to about 25% growth for the current fiscal year relative to the last one, the report states.