Microsoft's OpenAI investment resulted in a $3.1B hit to Q1 net income; Productivity and Business Processes revenue, with Office and LinkedIn, grew 17% to $33B (Ashley Capoot/CNBC)
NeutralArtificial Intelligence

Microsoft's recent financial report reveals a $3.1 billion impact on its Q1 net income due to its investment in OpenAI. Despite this setback, the company's Productivity and Business Processes segment, which includes Office and LinkedIn, saw a 17% revenue growth, reaching $33 billion. This highlights Microsoft's ongoing commitment to innovation and growth in its core business areas, even as it navigates the challenges of significant investments.
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