Microsoft Seeks to Win Over New Players at Gamer Gathering

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
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Microsoft Seeks to Win Over New Players at Gamer Gathering

General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo
General view of Microsoft Corporation headquarters at Issy-les-Moulineaux, near Paris, France, April 18, 2016. REUTERS/Charles Platiau/File Photo

Microsoft held its biggest video game stand ever at the sector trade show Gamescom in Germany on Wednesday, aiming to win over players after several rocky months of studio closures and rising fees.
"We run a business. And it's definitely true inside of Microsoft, the bar is really high for us in terms of delivery that we have to give back to the company," Xbox chief Phil Spencer said during a live event at the show.
"There is a lot of pressure on the industry. It's been growing for a long time and now people are looking for ways to grow," he added, defending the US giant's strategy.
Microsoft took fans by surprise on Tuesday when announcing that its year-end blockbuster "Indiana Jones and the Great Circle", initially meant to be an exclusive for its Xbox console, would also be made available on rival Sony's PlayStation 5 in spring 2025, said AFP.
The decision follows a shift that began in February with four of its games being made available to rival consoles, marking a strategic turning point to attract players to Xbox with exclusive titles.
The move is aimed at increasing the profitability of its games amid flagging console sales.
'Big bet'
After completing in October the $69 billion takeover of gaming publisher Activision Blizzard, maker of gaming hits such as "Call of Duty" and "Candy Crush", Microsoft has faced a series of hurdles.
The takeover resulted in cuts of 1,900 jobs in January.
Then in May, Microsoft closed four studios of publisher Bethesda, which it acquired in 2020 as part of a $7.5 billion investment.
The announcement of the upcoming release of "Call of Duty: Black Ops 6", the first in the series to be available on Microsoft's platform Game Pass, coincided with an increase in service fees.
At the end of February, the service had about 34 million users, far short of its goal of reaching 100 million clients by 2030.
The move to release Call of Duty on Game Pass is Microsoft "pushing all of their chips in", said Mat Piscatella, an analyst for market research firm Circana. "This is their big bet."
Call of Duty's performance on the platform will determine the future of the formula and its viability, he said.
"I think it's evolving as the subscription market hasn't grown at the rate that some have expected," Piscatella said.
Microsoft also announced Wednesday that the new versions of its consoles unveiled in June, which include the Xbox Series X without a Blu-ray player, will be available from October 15.



Riyadh to Host Third Edition of Global AI Summit in September

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA). (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA). (SPA)
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Riyadh to Host Third Edition of Global AI Summit in September

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA). (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA). (SPA)

The third edition of the Global AI Summit will be held in Riyadh in September under the patronage of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Board of Directors of the Saudi Data and Artificial Intelligence Authority (SDAIA).

Held from September 10 to 12, the summit will bring together experts, policymakers, and industry leaders to discuss the future of artificial intelligence.

Riyadh will witness a gathering of international AI technology experts, where participants will exchange ideas and visions for the ethical development and application of AI technologies.

Aligned with Saudi Arabia's Vision 2030, the summit aims to establish the Kingdom as a global leader in AI innovation.

The event will bring together influential figures from across the globe, such as government officials, AI researchers, and technology executives. Notable participants will include Stefan Schnurr, Simon See, Alex Smolla, Julie Sweet, Nick Studer, Cristiano Amon, Amandeep Gill, and Douglas Schmidt, along with other prominent names in the field.

The summit will feature the signing of agreements and memoranda of understanding, as well as the launch of international initiatives aimed at advancing AI development and benefiting countries worldwide.

These initiatives align with Saudi Arabia's aspiration to become a global model for AI leadership and support international efforts in the field.