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via finance.yahoo.comBusiness & Companies

Microsoft recorded $10 billion in revenue from OpenAI

FROM THE WIRE · FINANCE.YAHOO.COM

Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ended September 30, the company said in regulatory filing on Wednesday. That represents nearly 11% of Microsoft's total quarterly revenue of…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishOpenAI-related revenue equals nearly 11% of Microsoft's quarterly revenue, a relevant data point for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI in the quarter ended September 30.
  2. 02That represents nearly 11% of Microsoft's total quarterly revenue of $92.3 billion.
  3. 03Receivables from OpenAI reached $7.2 billion at the end of September, up from $6 billion at the end of June.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Microsoft CorporationMSFTStock531.01 USDMarket closedtoday -0.06%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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