Microsoft’s biggest AI customers are still largely technology companies, according to Bloomberg, with OpenAI contributing about 70% of the company’s AI revenue in its most recent fiscal year, or $24.1 billion. The report also identified other major Azure AI customers, including ByteDance, Meta, Adobe, Perplexity, Sierra, Ant Group, Meituan, and Tencent. As of June this year, ByteDance was estimated to be spending more than $1 billion annually on Microsoft’s cloud platform, while Meta’s annual spending was said to be in the hundreds of millions of dollars. Microsoft had previously disclosed that its AI model marketplace had around 100,000 customers, but revenue remains concentrated among a small group of large technology and AI companies. Bloomberg said that pattern may suggest AI has yet to achieve large-scale commercial adoption across the broader economy.
Microsoft’s largest AI customers are still concentrated in the technology sector, according to Bloomberg. In its most recent fiscal year, about 70% of Microsoft’s AI revenue came from OpenAI, equal to $24.1 billion.
Other major Azure AI customers include ByteDance, Meta, Adobe, Perplexity, Sierra, Ant Group, Meituan, and Tencent.
As of June this year, ByteDance was estimated to be spending more than $1 billion a year on Microsoft’s cloud platform. Meta’s annual spending was reported to be in the hundreds of millions of dollars.
Microsoft had previously said its AI model marketplace had around 100,000 customers. Even so, most of the revenue is still concentrated among a small number of large technology and AI companies. Bloomberg said that may indicate AI has not yet reached large-scale commercial use across the broader economy.
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