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The Hater's Guide To The AI Bubble Highlight

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In simpler terms, 76.9% of Microsoft's AI revenue comes from OpenAI, and is sold at just above or at cost, making Microsoft's "real" AI revenue about $3 billion, or around 3.75% of this year's capital expenditures, or 16.25% if you count OpenAI's revenue, which costs Microsoft more money than it earns.

— Edward Zitron

Replicated under Fair Use from The Hater's Guide To The AI Bubble by Edward Zitron.

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