Microsoft's Q1 earnings, showing that it had a $3.1B net loss from its OpenAI stake, imply OpenAI lost $11.5B during the quarter based on Microsoft's 27% stake (Matt Rosoff/The Register)
NegativeArtificial Intelligence

Microsoft's recent Q1 earnings report revealed a significant $3.1 billion net loss attributed to its stake in OpenAI, suggesting that OpenAI itself incurred losses of approximately $11.5 billion during the quarter. This news is crucial as it highlights the financial risks associated with investments in emerging technologies and raises questions about the sustainability of OpenAI's business model, especially in a competitive landscape.
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