Microsoft Corporation has earned $30 billion, more than double the $13 billion it invested in OpenAI Inc., when it came to new revenue in services linked to the artificial intelligence (AI) company, The Information reported on Tuesday, citing people familiar with the matter, the tech giant's filings, and OpenAI's private financial papers.
According to the outlet, Microsoft cannot sell OpenAI's products itself; however, it can benefit from other aspects. The aforementioned $30 billion was earned through OpenAI paying for Microsoft’s cloud servers, sharing revenue, and Microsoft selling products powered by OpenAI's tools, such as Azure. The partnership was said to remain potent, as, according to financial filings, Microsoft earned $9.5 billion through its links to OpenAI between 2023 and 2025, and the rest of the revenue came in after 2025.
Microsoft currently owns approximately 25% stake in OpenAI, which is endangered by billionaire entrepreneur Elon Musk's legal case against the AI firm.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.