It’s long been seen as the runner-up to Amazon’s dominant cloud platform, Amazon Web Services. Microsoft has declined to comment on that number. Microsoft doesn’t reveal the total revenue for its Azure business, though a document inadvertently disclosed during its recent court fight with the FTC showed it as $34 billion last year, Hindlian-Bowler said. Much of that was driven by its flagship Azure platform “and other cloud services revenue,” which grew 26%. Quarterly sales were highest in Microsoft’s cloud business segment, which the company said grew 15% from the same time last year to $24 billion. “We still expect a successful close as the company works toward an amenable solution that satisfies the U.K.’s concerns,” Hindlian-Bowler said in an analyst note ahead of Tuesday’s earnings. 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. Analysts polled by FactSet Research had been looking for revenue of $55.49 billion.ĬEO 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. It posted revenue of $56.2 billion in the April-June period, up 8% from last year. The software giant said its fiscal fourth-quarter profit was $20.1 billion, or $2.69 per share, beating analyst expectations for $2.55 per share. Quick note: The video editor also allows you to import files that are not part of the Photos app, such as from an external drive, using the "From this PC" option, and you can even use the "From the web" option to download images from Bing.Microsoft reported a 20% spike in quarterly profits Tuesday, helping to fuel its battle to get ahead of rivals like Google, Amazon and Facebook parent Meta in selling the latest artificial intelligence technology. Under the "Project Library" section, click the Add button in the top-left corner.To add new media files to the video project, use these steps: On the top-right side, you can preview your project with all the current changes, and as you play the video, you'll see the timeline highlighting the card being played. Also, depending on the content you're editing, you'll get a different set of features you can use to edit. You have the "Project library" at the top-left side, which is the place where you'll add the images and videos that you'll be using in the project.Īt the bottom, you'll find the "Storyboard" section, which is where you can drag and drop the media elements to build your video. Once you created a new project, you'll be presented with the video editor experience, which is made up of three main sections. The video editor also has a live preview that you can use to check the process before exporting the video. Specify a descriptive name for the project.Īfter you complete the steps, you can start adding content to the storyboard to continue editing the project with various options, including text, duration, motion, 3D effects, and more.Source: Windows Central (Image credit: Source: Windows Central)
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