General Tech

Microsoft recorded $10 billion in revenue from OpenAI

Microsoft recorded $10 billion in revenue from OpenAI in the quarter ending September 30, representing nearly 11% of its total quarterly revenue of $92.3 billion. This revenue includes revenue-sharing payments and other commercial arrangements. Additionally, Microsoft reported $7.2 billion in outstanding receivables from OpenAI, up from $6 billion at the end of June. The companies have a revenue-sharing agreement that will continue through 2030, subject to a cap.

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