Microsoft and Sony Strike Pact for Gaming, Cloud Services

Sony Surges After Announcing Buyback, Microsoft Pact
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Microsoft Corp. and Sony Corp., bitter rivals in the game console market, are exploring partnerships in cloud-computing and artificial intelligence, including the use of Microsoft’s Azure for their respective video and content-streaming services.

By working together, the two companies aim to provide more enhanced entertainment experiences for their customers worldwide, including building better platforms for content creators, they said in a statement Thursday. The companies also may collaborate on semiconductors, potentially working on new image sensors that would combine Sony’s image sensor technology with Microsoft’s AI tools in Azure.