Overview
- Microsoft says it has provided $11.6 billion of its $13 billion pledge to OpenAI and recorded a $3.1 billion hit to net income, equal to $0.41 in diluted EPS for the period, under equity‑method accounting.
- Using Microsoft’s roughly 27–27.5% stake, media estimate OpenAI’s latest quarterly loss at about $11.5–12.1 billion, far larger than a year earlier.
- OpenAI agreed to a seven‑year, $38 billion arrangement with Amazon Web Services that grants access to “hundreds of thousands” of Nvidia chip systems for AI workloads.
- Sam Altman downplayed near‑term financial concerns in a podcast with Satya Nadella, projected potential revenue of about $100 billion in 2027, outlined a move into cloud infrastructure and hardware, and reiterated no near‑term IPO plans.
- Reporting cites roughly $13 billion in current annual revenue and contractual commitments near $1 trillion, including deals said to total about $300 billion with Oracle and $250 billion with Microsoft, as OpenAI also raises pricing for its Sora video product.