Microsoft Azure

Product · US · 2 documents

Key number

$200m

Fungible Series C funding prior to acquisition. Advances in Economics Management and Political Sciences p.4

Key number

81%

AI Adoption Rate. Central Asian Journal of Innovations on Tourism Management and Finance p.7

Artificial Intelligence in Financial Services and Investment Activity: Evidence on Adoption, Performance, and Systemic Risk

ReportCentral Asian Journal of Innovations on Tourism Management and FinanceNovember 2026140 pages

The report analyzes AI adoption across 628 respondent organizations, including 203 fintechs, 149 traditional financial institutions, 146 AI vendors, and 130 regulators across 151 jurisdictions.

Microsoft’s Acquisition of VC-Backed Startups: A Case Study of Build-or-Buy Strategy in Cloud and AI

Research paperAdvances in Economics Management and Political SciencesOctober 20267 pages

The study analyzes Microsoft's build-or-buy acquisition strategy through three venture-capital-backed technology startups: Fungible (acquired in 2023), Minit (acquired in 2022), and Osmos (acquired in 2026).