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Sony and Microsoft will become partners in the field of new technologies

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Sony and Microsoft will become partners in the field of new technologies
May 17
13:00 2019

Sony and Microsoft have announced the start of cooperation. The companies will work on streaming technologies, cloud services and microchips.

The message released on this occasion refers to the joint creation of cloud solutions on Azure owned by Microsoft. Developments will affect the streaming of gaming and other content. Sony will also have the opportunity to use platforms for placing its own content.

The agreement also provides for the development of new chips for imaging sensors produced by Sony. Microsoft will supply artificial intelligence for them. In addition, it is planned to conduct joint development and implementation of AI for Sony products.

Companies are very old competitors in the field of gaming consoles. Microsoft produces Xbox, while Sony produces Playstation. It is not yet clear how the partnership will affect these areas (and whether it will affect them at all) .

On Friday, Microsoft securities slipped by 0.5%, while Sony shares showed a sharp increase of 10%.

 

The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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