Source: TikTok was paying Microsoft ~$20M/month to use OpenAI's models in Azure OpenAI Service as of March, ~25% of the total revenue the service was generating
Great reporting from @aaronpholmes: Microsofts makes money reselling OpenAI's models through Azure, and right now TikTok makes up about 25% of those sales. Other big spenders include Walmart and Intuit, the maker of TurboTax. https://www.theinformation.com/ ...
New: TikTok is the largest buyer of OpenAI's models from Microsoft. The company was spending nearly $20M per month on the models earlier this year, which accounted for 1/4 of Microsoft's sales of OpenAI models. Details: https://www.theinformation.com/ ...
TikTok was paying nearly $20 million per month to Microsoft for access to OpenAI's artificial intelligence models as of March. The ByteDance company is one of several clients driving Microsoft's plans to build a new multibillion-dollar AI profit machine. https://www.theinformatio…