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		</div><p>Microsoft will increase its use of artificial intelligence (AI) in order to improve the company’s products, chief executive Satya Nadella said when revealing the tech giant’s latest financial results.</p>
<p>The company behind the Windows PC software reported revenue of 24.1 billion US dollars (£19.1bn) in the three months to December 31, up on the 23.8 billion dollars (£18.9bn) it generated in the same period last year, an increase driven by the firm’s cloud-based products, Nadella said.</p>
<p>Since taking over as chief executive in 2014, Nadella has shifted Microsoft’s focus to its cloud business and software and away from hardware including smartphones.</p>
<p>“Our customers are seeing greater value and opportunity as we partner with them through their digital transformation,” he said of the latest figures, which also included 5.2 billion dollars (£4.1bn) in net income.</p>
<p>“Accelerating advancements in AI across our platforms and services will provide further opportunity to drive growth in the Microsoft Cloud.”</p>
<p>Microsoft said its cloud services around Microsoft Office, including Office 365 which gives customers access to the likes of Word, Excel and PowerPoint anywhere, saw a revenue rise of 47% in the last quarter among business customers, while the number of consumer users also rose to 24.9 million.</p>
<p>However, Microsoft’s gaming powerhouse Xbox reported a revenue drop of 3% with sales of the console down.<br />
But, Microsoft said this was offset by increased earnings from Xbox software and services such as the online Xbox Live multiplayer service.</p>
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