Microsoft discloses $10B in quarterly revenue from OpenAI
What happened
Microsoft disclosed that revenue from its OpenAI commercial arrangement reached $10 billion in the quarter ended September 30. Total quarterly revenue was $92.3 billion, so OpenAI accounted for close to 11% of it. The disclosure gives the revenue that arrangement contributed in the quarter and its share of Microsoft's total. The report does not break down the arrangement further or give revenue from earlier quarters for comparison.
Written by AI from the coverage · updated 1 hour ago
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- TechCrunch · AIPickMicrosoft booked $10 billion in quarterly revenue from OpenAI
Microsoft disclosed $10 billion in revenue from its OpenAI commercial arrangement in the quarter ended September 30, close to 11% of its $92.3 billion total quarterly revenue.
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