???? They literally just spent $75,000,000,000 of MS's corporate coffers on Xbox to buy Activision/Blizzard. And they had every opportunity to get out of that until very recently.It's suddenly becoming quite clear to me why Microsoft is doing this, in ~2020 they thought gaming is going be the next big thing, so they invested big in it, but now gaming is longer that. AI is. And Microsoft is investing so big in AI that it dwarfs everything else in their portfolio, with literally hundreds of billions being thrown in, and they are seeing palabale results in AI, they are also the leader there.
As a result? Gaming gets the short end of the stick, as Microsoft will scale back their investment there as necessary.
MS makes enough money to do all this stuff anyways.
I dont think Microsoft were caught out by AI, either way. They've absolutely been investing a lot into this for years.