Microsoft made $10bn from OpenAI last quarter, 11% of its revenue

What happened

Microsoft disclosed the amount in its quarterly filing on Wednesday, the day it reported its results. OpenAI OpenAI revenue for Microsoft reached $10bn in a single quarter, more than Xbox and search ads. Microsoft is a software and software development company based in Redmond, and its products and services include Azure. OpenAI is an artificial intelligence company based in San Francisco.

Microsoft recorded $10bn of revenue from its business with OpenAI in the three months to September, about 11% of its total revenue.

Microsoft also cut its 2026 spending forecast to $170bn, Business Insider reports.

It is the first time Microsoft has given a quarterly figure for the arrangement, Todd Bishop reported for GeekWire . Rebecca Bellan also reported the figure for TechCrunch .

The filing does not split that between revenue sharing and OpenAI’s spending on Azure, Microsoft’s cloud. Bigger than Xbox In the 12 months to June, Microsoft recorded $24.1bn from OpenAI, both outlets reported.

That is about $6bn a quarter on average. Last quarter’s OpenAI revenue of $10bn was more than Xbox brought in ($5.4bn) and more than search and advertising ($6.6bn), GeekWire reported.