SCML27

4 de enero y ya tenemos el tweet de año

$NOW is expanding its $MSFT partnership by integrating AI Control Tower with Microsoft Agent 365. The goal is to give enterprises unified visibility, approval workflows and policy controls for AI agents across both the ServiceNow and Microsoft ecosystems.

Corporation: "We made $4B but spent $3.9B so we only owe taxes on $100M." Government: "Totally reasonable." You: "I made $60K but spent $58K on survival." Government: "You owe taxes on $60K." You: "That's not—" Government: "File by May 15."

Mamma mia…

Microsoft layoffs coming? YES MORE. This time for CSAMs? The letter provided info that lines up exactly with my workforce modeling and what I would expect for layoff structures. Microsoft gave thousands of Customer Success Account Managers a choice (alleged memo went out April 29th): Deadline to become a part of this program to reskill looks like by May 6th… I’d expect late June- August for impact: 5–10% reductions overall 10–20% perhaps inside the directly affected orgs Overall I would say this will affect: Customer Success Account coordination Non-technical client roles Delivery managers Internal support roles Enablement layers Possibly: Sales support Some product/program roles Likely safe for now: Solution Engineers (target roles) AI /Cloud /Infra Highly technical ICs The run down will look like this: Offer reskilling (opt-in filter) Measure who qualifies (May–June) Identify excess headcount (late June) Cut as needed (July) Clean up with further forced layoffs (August) Now layoffs are being hinted at with “career mobility” emails. What timeline are we living in?

🚨🎙️| Oliver Kahn on PSG’s European success carries a huge asterisk, built in Ligue 1, where domestic games feel optional while other elite clubs grind nonstop: 🗣️ “Look, I’m going to say something people don’t like but it has to be said. When I watch how Paris Saint-Germain are treated in way to dominate Ligue 1, I don’t get impressed… I get questions. Because in every top league I played in or studied closely, your best players don’t rest their way into big games, they fight their way there. In England, in Spain, in Italy… you earn your place every three days. You suffer, you adapt, you prove consistency. But PSG? You look at the minutes these PSG players are playing in Ligue 1 and it’s embarrassing. Seven of the guys who started against Bayern have barely played half the games in the league? Half! While everywhere else, Premier League, Bundesliga, even La Liga, the big clubs are running their players into the ground every three days like slaves. Real football. These PSG boys are getting rested like they’re on vacation until the European nights come. And don’t get me started on the postponements! Lens, Nantes… whenever it gets crunchy in the league, suddenly the fixture moves. Ligue 1 bending over backwards so PSG can stay fresh. Other leagues would laugh at that. We talk about ‘competitive integrity’? This is a joke. A farmer’s league where one team dictates the calendar. Dembélé scoring braces in Europe after starting 9 league games? Come on. In a real league that wouldn’t fly the same way. This success is manufactured, heavy rotation at home, fresh legs for the big stage. Respect to the players when they deliver, but let’s not act like this is the same grind as Arsenal, City, Barcelona or Madrid. Ligue 1 needs to look at itself. If you want to be taken seriously in Europe, stop protecting one club and make them actually compete week in, week out like everyone else. Otherwise, it’s just an exhibition league with one superstar team playing when they feel like it. That’s the truth, because the numbers don’t lie.”

clearly, a win…

I've warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares. @JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers! apnews.com/article/jetblu…

We’ll take it 😊 Copilot is getting better fast, and Excel is one of the best places to see that. More to come…

Never thought I'd say this, but Copilot Excel is actually good now

73B in FCF ..

Microsoft beat Azure +40% (against guide 37 to 38%) and undershot capex by roughly $3B versus consensus. Bears needed Azure deceleration and a capex blowout; they got the opposite of both. Revenue +18%, operating income +20%, net income +23%. Operating leverage widened even as quarterly capex grew about 85% year-over-year to $31.9B. That's the rare thing in heavy capex cycles. Most hyperscalers in year one of a build see margins compress for two to four quarters. Microsoft's are expanding through it. The build is monetizing faster than depreciation can hit, which is the structural argument the standing bear case couldn't price. The mechanism is enterprise distribution. Paid M365 Copilot seats now exceed 20 million. LinkedIn's AI hiring agents run at $450M ARR. A Genspark partnership announced today embeds third-party agents into M365's enterprise installed base. Microsoft is the only hyperscaler that owns the productivity surface where the agents actually live, which is why its AI revenue layer monetizes at a $37B run rate, up 123% YoY. AWS and GCP have to compete for that surface from outside the workflow stack. Microsoft sells it directly. Commercial backlog of $627B, up 99% year-over-year, is the contracted forward-revenue receipt on that distribution moat. The OpenAI economics flipped quietly. Net loss from the OpenAI investment this quarter: $14 million. Same quarter last year: $583 million. That's a 97% reduction in the OpenAI-related drag on Microsoft's earnings. Either Microsoft's share of OpenAI's losses is collapsing toward breakeven, or the accounting structure shifted with OpenAI's commercial restructuring. Either way, a multi-billion-per-year overhang on the P&L is now near zero. The next-year EPS path opens up considerably if that holds. The capex composition matters for what happens next. Roughly two-thirds of the $31.9B was short-lived assets per call commentary, meaning GPUs and CPUs that depreciate over three to five years. Depreciation will ramp faster than at any prior hyperscaler buildout. The bull case is that the AI revenue lines outrun the depreciation, which the Q3 print supports. The bear case is the next two to four quarters see depreciation catch operating leverage and margins compress. Q4 guidance implies a sequential capex decline on buildout timing, which is the first quantitative tell the curve might bend favorably. I'm long MSFT at roughly 8% from an April 21 upsize, taken with the stock 22% off the all-time high and the Fairwater AI data center campus newly online. The setup was that a clean print could re-rate the multiple. The print delivered. The stock is roughly flat in after-hours, which I read as the market acknowledging the bear case got harder without yet pricing in the bull. FCF was down 22% YoY to $15.8B, so the spend cycle is real, persistent, and the gating constraint going forward. My math, my book. Yours is yours.

1/ First, we are building the world’s leading AI infrastructure and agent platform as agents proliferate and become the dominant workload. All up, we added another gigawatt of capacity this quarter, and remain on track to double our overall footprint in just two years. We are moving aggressively to add capacity aligned to customer demand. When it comes to our agent app platform, our multi-model offerings are gaining momentum. 10,000 customers have used more than one model on Foundry. 5,000 have used OSS models. And our IQ layers, spanning M365, Fabric, and Foundry, provide an unmatched context engine for thousands of customers using agents or building their own.

Just wrapped our quarterly earnings call. We are focused on delivering AI infrastructure and solutions that empower every business to eval-max their outcomes in this agentic computing era. Our AI business surpassed a $37 billion annual revenue run rate, up 123%. We are at the beginning of one of the most consequential platform shifts that will change the entire tech stack as we move from end-user driven workloads to workloads driven by end-users and agents. This will drive TAM expansion and change the value creation equation across the entire economy. To capture this opportunity, we are executing against two major priorities:

Questa ricostruzione è suggestiva, senza dubbio. L’errore enorne. Va ricordato però che il Var non può intervenire per suggerire o togliere un’ammonizione (vedasi Bastoni-Kalulu). Quindi il dialogo, semplicemente, non poteva esserci.

Padre Tempo..

just using copilot cowork.. not bad at all

@FlowAltDelete @BrudaSmoker fantastic!

Build a weekly chore chart I can print and stick on the fridge. Include columns for each family member, with daily chores assigned based on age-appropriateness. Add checkboxes for each day so we can track completion. Make it clean and visual enough that the kids will actually use it. Regenerate it fresh every Monday. I have 3 kids. - age: 8 - age 4 (almost 5) - age 4 (almost 5)

Didn't realize Copilot Tasks were available now. Amazing!

Yo creo que ni en las oficinas de Microsoft usan Teams

Copilot is now agentic in Outlook, making it easier to take inbox and calendar work off your plate.