Overview
- Microsoft says it has deployed $11.6 billion of its $13 billion commitment to OpenAI and that equity‑method losses reduced its net income by $3.1 billion, cutting diluted EPS by $0.41.
- Based on Microsoft’s approximately 27–27.5% stake, media analyses infer OpenAI lost roughly $11.5–$12.1 billion in the quarter ended September 30, with the Wall Street Journal pegging it near $12 billion.
- OpenAI remains private and has not released its own financials or publicly disputed the estimates, and a restructuring reduced Microsoft’s stake from about 32.5% to roughly 27–27.5%, affecting loss calculations.
- In a podcast alongside Microsoft CEO Satya Nadella, Sam Altman said OpenAI’s revenue exceeds the $13 billion figure cited by the host, emphasized strong demand for shares, identified compute access as the key constraint, and signaled no near‑term IPO.
- Altman has previously downplayed concerns about high cash burn, and coverage notes broad ChatGPT reach contrasted with limited monetization, with about 800 million weekly users and roughly 5% paying.