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[ARTICLE · art-93569] src=boingboing.net ↗ pub= topic=artificial-intelligence verified=true sentiment=· neutral

Microsoft, Google and Amazon now depend on two money-losing AI firms

Microsoft, Google, and Amazon now rely on two money-losing AI firms for growth, according to a newsletter post by Ed Zitron citing analyst estimates from Wells Fargo, Barclays, UBS, and Deutsche Bank. Wells Fargo estimates Microsoft's AI revenue at $34.43 billion, with about 70% coming from OpenAI.

read1 min views1 publishedAug 12, 2026

Microsoft, Google, and Amazon's growth depends on two companies that lose tens of billions of dollars a year. In a newsletter post, "Where's Your Ed At" reported on analyst estimates from Wells Fargo, Barclays, UBS, and Deutsche Bank.

Wells Fargo estimates Microsoft's AI revenue at $34.43 billion, with about 70% coming from OpenAI. — Read the rest

The post Microsoft, Google and Amazon now depend on two money-losing AI firms appeared first on Boing Boing.

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