Microsoft Q1 revenue hits record $92.3B, OpenAI deals contribute $10B
Microsoft reported record quarterly revenue of $92.3 billion for the quarter ending September 30, a 19% year-over-year increase, marking its 10th consecutive record quarter. The company also disclosed $10 billion in revenue from commercial arrangements with OpenAI, nearly 11% of total revenue, with $7.2 billion in outstanding receivables from OpenAI.
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TechCrunch AIJulie Bort
Whatever the future of AI might be, the current situation is still very good for Microsoft. The tech giant reported yet another record for quarterly revenue on Wednesday: $92.3 billion, a 19% increase over the year-ago quarter.
TechCrunch AIRebecca Bellan
Microsoft said it made $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments, in the quarter ending September 30. It underscores the still-enormous financial dependency of the partnership.
Techmeme
Rebecca Bellan / TechCrunch : Filing: Microsoft recorded $10B in revenue from OpenAI in Q1, nearly 11% of its total quarterly revenue, and has $7.2B in outstanding receivables from OpenAI — Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI, including revenue-sharing payments …

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