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Hacker News
Hacker News
@h4ckernews@mastodon.social  ·  activity timestamp 2 months ago

Microsoft's folds losses from OpenAI into $4.7B expense line – "other"

https://www.theverge.com/news/806880/microsofts-not-very-open-about-openai

#HackerNews #Microsoft #OpenAI #Expenses #Microsoft #Losses #Tech #News #Financials

The Verge

Microsoft’s not very open about OpenAI.

It’s tough getting details about one of the tech world’s most complicated relationships, even for investors. Microsoft’s latest annual report simply folds losses from its multi-billion dollar stake in OpenAI into a $4.7 billion expense line called “other, net,” according to The Wall Street Journal. Other important details are equally vague. [Link: Microsoft Needs to Open Up More About Its OpenAI Dealings | https://www.wsj.com/tech/ai/microsoft-needs-to-open-up-more-about-its-openai-dealings-59102de8?mod=rss_Technology | WSJ]
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