Loading...
Loading...
Browse all stories on DeepNewz
VisitWho will be the largest buyer of OpenAI models through Microsoft's cloud services by the end of 2024?
TikTok • 25%
Another ByteDance entity • 25%
A different company • 25%
No single largest buyer • 25%
Internal documents from The Information or official statements from Microsoft or OpenAI
TikTok's $20 Million Monthly Investment in OpenAI Models Drives Microsoft's AI Revenue: The Information
Jul 31, 2024, 01:08 PM
TikTok has been paying nearly $20 million per month to Microsoft for access to OpenAI's artificial intelligence models as of March, according to internal documents from The Information. This expenditure accounts for approximately 25% of the total revenue Microsoft generates from reselling OpenAI's AI models. TikTok, owned by ByteDance, is the largest buyer of OpenAI's models through Microsoft's cloud services. This significant investment is part of Microsoft's broader strategy to create a multibillion-dollar AI profit machine, driven by key clients like TikTok.
View original story
Microsoft • 25%
Google • 25%
Amazon • 25%
Other • 25%
Google • 25%
Microsoft • 25%
Amazon • 25%
Other • 25%
Microsoft • 25%
Google • 25%
Amazon • 25%
Other • 25%
Apple • 25%
Nvidia • 25%
SoftBank • 25%
Other • 25%
State government • 25%
Local government • 25%
International government • 25%
Other federal agency • 25%
Microsoft • 25%
Google • 25%
Amazon • 25%
Apple • 25%
Microsoft • 25%
Nvidia • 25%
SoftBank • 25%
Other • 25%
Microsoft • 25%
xAI • 25%
Google • 25%
Other • 25%
Microsoft • 25%
NVIDIA • 25%
A new investor • 25%
Other existing investors • 25%
SoftBank • 25%
Microsoft • 25%
Sequoia Capital • 25%
Other • 25%
Healthcare • 25%
Finance • 25%
Automotive • 25%
Retail • 25%
Enterprise • 33%
Education • 33%
Both equally • 33%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
25% to 30% • 25%
More than 30% • 25%
Less than 20% • 25%
20% to 25% • 25%