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Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures Show

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Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures Show Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company. The software giant recorded $24.1 billion in sales from the AI firm during the year ended in June, Microsoft said in a filing last week. Microsoft Chief Executive Officer Satya Nadella said the company was on pace at the end of the March quarter to record $37 billion in revenue over the course of a...

Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures Show Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company. The software giant recorded $24.1 billion in sales from the AI firm during the year ended in June, Microsoft said in a filing last week. Microsoft Chief Executive Officer Satya Nadella said the company was on pace at the end of the March quarter to record $37 billion in revenue over the course of a full year. Microsoft didn’t update the total AI sales figure when it reported fiscal fourth-quarter earnings last week.
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Originally published by Bloomberg Technology Read original →