Microsoft’s AI Sales Mostly Come From OpenAI, Disclosures Show

(Bloomberg) — Microsoft Corp. generates most of its artificial intelligence revenue from OpenAI, according to new disclosures from the company.

The software giant recorded $24.1 billion in sales from the AI firm during the year ended in June, Microsoft said in a filing last week. Microsoft Chief Executive Officer Satya Nadella said the company was on pace at the end of the March quarter to record $37 billion in revenue over the course of a full year.