微软在截至2026年9月30日的财季中，从与OpenAI的商业安排（包括收入分成和Azure服务）中获得了100亿美元的收入 1。这一数字占微软当季总营收923亿美元的近11%，凸显了即便双方关系逐渐松散且允许OpenAI使用竞争对手的云服务，两者间仍保持着巨大的财务联系 1。在整个2026财年，微软从OpenAI获得的总收入为241亿美元 1。
两家公司的债务关系也在持续演变。截至9月底，微软对OpenAI的未偿还应收账款增至72亿美元，高于6月底记录的60亿美元 1。据报道，OpenAI根据之前的协议向微软分享20%的收入 1。而依据2026年4月的协议规定，OpenAI需继续与微软共享收入直至2030年，但有上限，且允许与其他云服务商合作 1。
股权方面，微软持有OpenAI的股份比例略有下降，从6月份的约25%降至9月份的24% 1。值得注意的是，早在2025年10月，微软便放弃了对OpenAI的独占权，换取OpenAI承诺在未来额外购买价值2500亿美元的Azure服务 1。
Microsoft generated $10 billion in revenue from its commercial relationship with OpenAI during the quarter ending September 30, 2026 1. This figure accounts for nearly 11% of Microsoft’s total quarterly revenue, which stood at $92.3 billion 1. The income is derived from multiple channels, including Azure cloud services and revenue-sharing arrangements 1. For the full fiscal year 2026, Microsoft’s total revenue from OpenAI reached $24.1 billion 1.
The financial ties between the two companies remain significant despite a loosening of their exclusive partnership terms. As of the end of September, OpenAI owed Microsoft $7.2 billion in outstanding receivables, an increase from $6.0 billion recorded at the end of June 1. Under previous agreements, OpenAI shares 20% of its revenue with Microsoft 1. However, a revised deal in April 2026 stipulates that OpenAI must continue to share revenue with Microsoft until 2030, subject to a cap, and permits it to utilize competing cloud providers 1. In October 2025, Microsoft relinquished its exclusivity rights over OpenAI’s compute needs in exchange for a commitment from OpenAI to purchase an additional $250 billion worth of Azure services 1. Microsoft’s equity stake in OpenAI slightly decreased from approximately 25% in June to 24% by September 1.
评论
还没有评论，欢迎留下第一条。