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Microsoft CFO says OpenAI investment will cut into profit this quarter

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Microsoft CFO says OpenAI investment will cut into profit this quarter - CNBC

Quick Summary:

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

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Category: Technology

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 01:33:41 (5 days ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 23408184

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Main Topics: Technology

Official Website: cnbc.com

Update Frequency: 5 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #35

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  • URL: https://beamstart.com/news/microsoft-cfo-says-openai-investment-1730752255417

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