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Microsoft says OpenAI is driving 45% of the backlog for Azure cloud computing

Summary by BizToc
"Remember this was a nonprofit, and I think Bill even said, 'Yeah, you're going to burn this billion dollars,'" Satya Nadella said of Microsoft's $1 billion investment into OpenAI in 2019. Jason Redmond/AFP via Getty Images Microsoft shares slid after hours, despite the company beating earnings…
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BizToc broke the news in on Thursday, January 29, 2026.
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