According to Microsoft's recently released financial report, OpenAI apparently suffered a net loss of up to $11.5 billion in the quarter ending September 30. This information was disclosed in Microsoft's financial documents, particularly in the report submitted to the U.S. Securities and Exchange Commission. On page 9 of the report, it is mentioned that Microsoft uses the equity accounting method, which means that OpenAI's profits and losses directly affect Microsoft's net income.
Microsoft stated in the report that due to OpenAI's losses, the company reduced its net income by $3.1 billion in this quarter. Based on Microsoft's 27% stake in OpenAI, it can be inferred that OpenAI's loss in this quarter was approximately $11.5 billion. This loss figure is quite remarkable, considering OpenAI's revenue for the first half of the year was only $4.3 billion. However, Microsoft's overall financial condition remains strong, with a net income of $27.7 billion in the most recent quarter, so OpenAI's loss has not significantly affected Microsoft.
Additionally, the report mentions that OpenAI has officially completed its transition to a for-profit company, indicating its potential for future development. Microsoft's investment and commitment to OpenAI continue, and despite the current losses, the future growth prospects remain promising.
OpenAI has not yet responded to this news, but there is no doubt that Microsoft's financial performance and support for OpenAI will have a profound impact on the entire artificial intelligence industry.
Key Points:
💰 OpenAI's net loss reached $11.5 billion in the previous quarter, and Microsoft bears 27% of the loss.
📉 According to the financial report, Microsoft's net income was reduced by $3.1 billion due to OpenAI's loss.
📊 Despite OpenAI's losses, Microsoft's overall financial condition remains strong, with a quarterly net income of $27.7 billion.
