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Microsoft made $10B from OpenAI in one quarter

Original title: Microsoft recorded $10 billion in revenue from OpenAI

Date
Company
OpenAI
Type
Business
Illustration: Microsoft made $10B from OpenAI in one quarter

Plain language

What it is
Microsoft reported making $10 billion in revenue from its business agreements with OpenAI during the quarter ending September 30. This amount represents nearly 11% of Microsoft's total quarterly revenue.
How it works
The revenue comes from commercial arrangements, which include revenue-sharing payments and Azure cloud computing services. OpenAI is committed to sharing revenue with Microsoft through 2030 and purchasing Azure services.
Where it is available
This applies to the financial partnership and commercial agreements between Microsoft and OpenAI.
Example
Not stated in the source

For developers

What it is
Microsoft announced it generated $10 billion in quarterly revenue from its commercial agreements with OpenAI, including revenue-sharing and cloud services. This highlights the financial ties that remain between the two companies.
How it works
OpenAI shares a portion of its revenue with Microsoft and has committed to purchasing $250 billion in Azure cloud services. The revenue-sharing agreement runs through 2030, subject to a cap.
Where it is available
This applies to the cloud infrastructure services on Azure and the financial agreements between Microsoft and OpenAI.
Example
Not stated in the source

The original post

The headline and explanation on this page are based on TechCrunch's post. The full details are in the original.

Microsoft recorded $10 billion in revenue from OpenAI

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