Microsoft lowers AI software sales quota as customers resist new products, The Information reports

Dec 3 (Reuters) – Multiple divisions at Microsoft ​have lowered sales ‌growth targets for certain artificial ‌intelligence products after many sales staff missed goals in the ⁠fiscal ‌year that ended in June, The ‍Information reported on Wednesday.

It is rare for Microsoft ​to lower quotas for ‌specific products, the report said, citing two salespeople in the Azure cloud unit.

Shares of ⁠the company ​fell around ​2% in premarket trading. Microsoft did not ‍immediately ⁠respond to a Reuters request for comment.

(Reporting ⁠by Jaspreet Singh in ‌Bengaluru; Editing by ‌Arun Koyyur)