When Microsoft reported killer fourth-quarter earnings for its fiscal 2026 year (which ended June 30), it tucked in an interesting little tidbit about how its investments in the two biggest, and competing, AI labs are doing.
Someone more literal than me, is this ACTUAL revenue they got, or is this the “we sold cloud usage to anthropic, who paid us in the money we gave them as an investment?”
Someone more literal than me, is this ACTUAL revenue they got, or is this the “we sold cloud usage to anthropic, who paid us in the money we gave them as an investment?”
These are purely paper profits.