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00:02Microsoft said Rajesh Jha will retire in July after more than 35 years at the company, according to CNBC.
00:09Jha's departure comes as Microsoft navigates collaboration and competition with generative AI developers Anthropic and OpenAI
00:16and follows the recent retirement announcement of longtime gaming chief Phil Spencer.
00:21Under Jha's leadership, Microsoft incorporated models from two fast-growing startups
00:25into the 365 co-pilot add-on for Microsoft 365 commercial subscriptions.
00:31CEO Satya Nadella said Rajesh Jha ranks among the leaders who shaped Microsoft
00:35and credited his commitment with helping build and transform the company.
00:40Microsoft said Microsoft 365 commercial cloud revenue rose 17%
00:44and represented more than 30% of total sales in the December quarter,
00:49while Windows and devices declined slightly and accounted for less than 6%.
00:53For all things money, visit Benzinga.com.
