AITechCrunch1h ago
Filing: Microsoft recorded $10B in revenue from OpenAI in Q1, nearly
Filing: Microsoft recorded $10B in revenue from OpenAI in Q1, nearly 11% of its total quarterly revenue, and has $7.2B in outstanding receivables from OpenAI
TL;DRMicrosoft made $10B from OpenAI deals in Q1, about 11% of its revenue.
Why it matters: Shows Microsoft's AI bet is massive and financially material to its business.
Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments …
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