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.

Microsoft, Google, and Amazon's growth depends on two companies that lose tens of billions of dollars a year. In a newsletter post https://www.wheresyoured.at/dont-look-up/ , "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 https://boingboing.net/2026/08/12/zitron-ai-revenue-two-companies.html The post Microsoft, Google and Amazon now depend on two money-losing AI firms https://boingboing.net/2026/08/12/zitron-ai-revenue-two-companies.html appeared first on Boing Boing https://boingboing.net .