Microsoft’s (MSFT) disclosures on its OpenAI stake are scant, including putting OpenAI-related losses into a $4.7B “other, net” expense line in the fiscal year ended June 30, The Wall Street Journal’s Jonathan Weil reports. How Microsoft has managed to avoid disclosing such basic details is “baffling,” Weil writes, as OpenAI, by definition, is a related party of Microsoft under the accounting rules.
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