Microsoft reports $10 billion in revenue from OpenAI in one quarter
AIMicrosoft said in a regulatory filing that it generated $10 billion from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ended September 30, nearly 11% of its $92.3 billion total quarterly revenue. Microsoft also reported $7.2 billion in outstanding receivables from OpenAI and a stake that declined from about 25% to 24%.
AIWhy it matters.
The filing shows Microsoft's financial ties to OpenAI persisting even as the two companies compete for customers, a useful signal of how their partnership is changing.
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TechCrunch · AI · Rebecca Bellan · techcrunch.comPublished · added here
Original title: Microsoft recorded $10 billion in revenue from OpenAI