Microsoft Expects $1.5 Billion Loss in Q4 fro...

TMTPOST -- Microsoft Corporation indicated it faced more than $1 billion loss in the current quarter from its equity stake in OpenAI.

Credit：Microsoft

Microsoft will record around $1.5 billion in other expense in the quarter ended December 2024, mainly because of an expected investment loss at OpenAI, the chief financial officer (CFO) Amy Hood said on the company’s earnings call last week.

For Micro