![]() Federal Trade Commission also opposed the transaction but lost a court fight to stop it. More than 18 months after announcing the $69 billion deal, Microsoft is still negotiating with a British antitrust regulator over concerns it will harm competition. Macquarie analyst Sarah Hindlian-Bowler said investors have been focused on Microsoft’s early revenue from those artificial intelligence investments, the performance of the Azure cloud computing platform and the likelihood that Microsoft will close its deal to buy video game company Activision Blizzard, which could help boost gaming revenue and drive more users to the Xbox game system and other Microsoft platforms. ![]() “Organizations are asking not only how – but how fast – they can apply this next generation of AI to address the biggest opportunities and challenges they face – safely and responsibly,” Nadella said in a prepared statement.ĭespite beating Wall Street analyst expectations for profit and revenues, Microsoft’s stock dropped slightly in after-hours trading after it released its financial report upon the market’s close Tuesday. It said last week that it would start charging $30 per user for business accounts that sign up for its new AI “Copilot” that integrates with existing software such as Word, Excel and email. It capitalized on its multibillion dollar investments in ChatGPT-maker OpenAI to launch a Bing chatbot and similar tools tailored to its business customers. ![]() Microsoft was an early mover in this year’s hype around “generative AI” tools that can help people write documents and create new images and other media. ![]() CEO Satya Nadella said the company remains focused on “leading the new AI platform shift,” though its push to add AI features to its existing products - among them cloud computing services, workplace software and its Bing search engine - are not yet making an obvious mark on its financial results. ![]()
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