Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

TechnoHulk

Oct 31, 2024 - 06:22

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Microsoft CFO says OpenAI investment will cut into profit this quarter

Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.

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Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI

Samsung Electronics' chip profit shrinks 40% from the previous quarter

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