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SAN FRANCISCO (AP) — Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth in its cloud-computing unit, where Microsoft focuses most of its AI investments. “Microsoft is firmly establishing itself as a frontrunner in the AI race,” said Jeremy Goldman, director of briefings at Insider Intelligence. In addition to other benefits, Goldman suggested that AI technology could help expand Microsoft’s share of digital advertising. That merger boosted Microsoft's revenue growth by four points, according to James Ambrose, the company's director of investor relations.
Persons: , Jeremy Goldman, Goldman, James Ambrose, Microsoft's Organizations: FRANCISCO, — Microsoft Corp, Microsoft, Intelligence, Google, FactSet Research, Activision, Revenue Locations: Redmond, Washington
An image released by Activision Blizzard shows a scene from ‘Call of Duty: Infinite Warfare.’BRUSSELS— Microsoft Corp. President Brad Smith said the company reached a deal with cloud gaming company Boosteroid on distributing “Call of Duty” videogames and expects more agreements to follow as the software giant pushes to convince regulators to approve its planned $75 billion acquisition of the videogame franchise’s owner, Activision Blizzard Inc.Microsoft said Boosteroid is the largest independent cloud-streaming company, with about four million users globally, including in the European Union, the U.K. and the U.S. The 10-year agreement would allow its customers to stream Activision games including ‘‘Call of Duty” if the acquisition goes through, Microsoft said. It is the third such pact Microsoft has signed. It previously reached similar deals with console maker Nintendo Co. and chip maker Nvidia Corp.
DAVOS, Switzerland— Microsoft Corp. plans to incorporate artificial-intelligence tools like ChatGPT into all of its products and make them available as platforms for other businesses to build on, Chief Executive Satya Nadella said. Speaking Tuesday at a Wall Street Journal panel at the World Economic Forum’s annual event here in the Swiss mountains, Mr. Nadella said that his company will move quickly to commercialize tools from OpenAI, the research lab behind the ChatGPT chatbot as well as image generator Dall-E 2, which turns language prompts into novel images. Microsoft was an early investor in the startup.
DAVOS, Switzerland— Microsoft Corp. plans to incorporate artificial-intelligence tools like ChatGPT into all of its products and make them available as platforms for other businesses to build on, Chief Executive Satya Nadella said. Speaking Tuesday at a Wall Street Journal panel at the World Economic Forum’s annual event here in the Swiss mountains, Mr. Nadella said that his company will move quickly to commercialize tools from OpenAI, the research lab behind the ChatGPT chatbot as well as image generator Dall-E 2, which turns language prompts into novel images. Microsoft was an early investor in the startup.
Microsoft Takes Stake in London Stock Exchange
  + stars: | 2022-12-12 | by ( Josh Mitchell | ) www.wsj.com   time to read: 1 min
Microsoft will acquire the LSEG shares currently owned by a consortium of Blackstone and Thomson Reuters. LONDON— Microsoft Corp. will take a 4% stake in the London Stock Exchange ’s corporate parent and provide cloud computer services for the financial markets company, in a deal that reflects the growing use of data and tech in global finance. The deal announced Monday calls for London Stock Exchange Group PLC, owner of Europe’s biggest stock exchange by market value, to spend $2.8 billion over the next decade on Microsoft products, mainly its Azure cloud service.
Microsoft Faces Fresh Antitrust Complaint in Europe
  + stars: | 2022-11-09 | by ( Kim Mackrael | ) www.wsj.com   time to read: 1 min
Microsoft said it introduced licensing changes this fall that give customers and cloud providers more options for running and offering its software. BRUSSELS— Microsoft Corp. faces an antitrust complaint from a European industry group over its cloud services, adding to recent allegations of anticompetitive behavior against the U.S. tech company. Cloud Infrastructure Service Providers in Europe, or Cispe, a trade group which includes Amazon.com Inc. among its members, said it filed the complaint with the bloc’s competition regulator, the European Commission, on Tuesday. The complaint alleges that Microsoft uses its dominance in productivity software to direct customers in Europe to its Azure cloud service and makes it difficult for them to switch to other cloud service providers, the trade group said.
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