Microsoft's $13 Billion Investment in OpenAI May Be "Some of the Best Money Ever Spent," According to Certain Wall Street Analysts
In 2019, Microsoft (NASDAQ: MSFT) invested its first $1 billion in OpenAI, a San Francisco-based start-up focused on ...
Microsoft discloses equity investment in OpenAI for the first time, SEC filing shows
An icon in the shape of a lightning bolt. Impact Link Microsoft disclosed an equity investment in OpenAI for the first time, ...
Microsoft CFO says OpenAI investment will cut into profit this quarter
Following Microsoft's quarterly earnings report on Wednesday, CFO Amy Hood said she expects the company to take a $1.5 ...
Microsoft and OpenAI: Goodbye bromance, hello open warfare
That helped OpenAI become the most influential and valuable AI startup in the world. (Since then, Microsoft has invested $13 ...
Microsoft’s financial disclosures show how OpenAI is fueling growth — and taking a toll on profits
New financial filings show how Microsoft's losses from its OpenAI investment are hurting its profits, in addition to fueling ...
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Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft CFO Amy Hood said the company will record around $1.5 billion in other expense, mainly because of an expected investment loss at OpenAI. Microsoft has invested close to $14 billion in ...