Microsoft earned $10 billion from its OpenAI deals
Microsoft said it made $10 billion in revenue from its business arrangements with OpenAI in the quarter ending September 30. This includes revenue-sharing payments. The figure shows how much Microsoft still relies on its partnership with OpenAI.
Quick glossaryMicrosoft, Revenue-sharing payments
- Microsoft
- A large US technology company best known for its Windows operating system and Office software.
- Revenue-sharing payments
- Payments where one company passes a portion of the money it earns to another company under an agreement.
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