In its Q2 2026 investor letter, Aoris International Fund stated that AI presents a significant opportunity for Microsoft, which the company is pursuing with urgency. The fund noted that only about a third of business computing is currently in the cloud, and AI is likely to accelerate this migration. Microsoft's Azure cloud, AI, and server products constitute 40% of its revenue. Microsoft shares closed at $496.88 on August 13, 2026, with a year-to-date gain of 14% and a one-month return of 26.18%.