Microsoft CFO Predicts OpenAI Loss
This is a OpenAI news story, published by CNBC, that relates primarily to Amy Hood news.
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•Microsoft CFO says OpenAI investment will cut into profit this quarter
85% Informative
Microsoft CFO Amy Hood said she expects the company to take a $1.5 billion hit to income in the current period.
Microsoft has invested close to $14 billion in OpenAI , including its participation in a round announced this month .
The software company said its partnership with OpenAI continues to deliver results.
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