Hi Fábio,
If i activate the Hybrid benefit also in VM i will get more discounts? OR the SQL Server License activated via SQL Virtual Machine already covers the Windows Server License?
A: Yes, if you check the box as shown in your second screenshot to use Azure Hybrid Benefit (AHB) for Windows Server for your VM, the hourly Compute price for the VM will be reduced. No, the SQL Server AHB License activated via SQL Virtual Machine does not cover Windows Server License.
Each AHB check box impacts separate/independent billing charges. When you enable AHB for the VM, that causes the VM instance to be charged at the base rate for that size, which doesn't include Windows Server license. Similarly, when you enable AHB for SQL Server VM, that causes SQL Server VM license to be charged at $0 for that VM.
Please click Accept Answer and upvote if the above was helpful. If the above is unclear please add a comment below and I can expand with an example.
Thanks.
-TP