Financial Times San Francisco Bureau Chief Stephen Morris discusses Microsoft's quarterly earnings disclosures regarding its customer concentration and relationship with OpenAI.
“They revealed that they booked ten billion cash gain from the amount of cash OpenAI has on this balance sheet due to all these, like, huge fundraisings that they're doing. But they also said that 45% of their future Azure contracts were based on OpenAI.”
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More from Stephen Morris
AssertionSupported
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“The most logical reason is that SpaceX, one of the reasons that have been given privately to investors for wanting to IPO SpaceX is that it needs to raise money so that it can develop and build data centers in space.”
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