Satya Nadella says he is ready to ‘use’ the new OpenAI partnership

Microsoft CEO Satya Nadella was asked not to comment a Wall Street expert Wednesday on how its renewed OpenAI deal could affect Microsoft’s finances.

He said that the new covenant was good for everyone. “We feel good about our partnership with OpenAI. I always focus on every partnership and make sure there’s always a win. I mean, that’s how you stay good friends.”

He also emphasized that Microsoft retained access to OpenAI’s intellectual property — including its own brands and products for developers — but that it no longer had to pay OpenAI.

Regarding OpenAI’s state of the art AI until 2032, Nadella said: “We have a kind of limit, with all the IP rights that we will have until ’32 and we plan to use it.”

There was certainly a lot of ink spilled on the idea that the new deal, in which Microsoft no longer has access to OpenAI technologyit can cause the software giant to break into AI. OpenAI made the announcement at the same time Only AI products have Microsoft’s biggest cloud competitor, Amazon (complete with Sam Altman and AWS CEO Mark Garman conducting interviews about their partnership).

But Nadella dismissed those concerns. When Microsoft said earnings on Wednesday – the last full quarter under the previous contract – the company reported that its AI business exceeded $37 billion in revenue, up 123% year over year.

At the time, Nadella said that Microsoft collects money from OpenAI in other ways. “They are many of our customers, not only on the AI ​​accelerator side, but also on the other side. And we want to serve them well. And, of course, we have our rights.”

In this he refers to OpenAI’s commitment to buy Microsoft’s cloud services worth more than $250 billion, with Microsoft’s 27% stake in OpenAI.

Finally, Nadella concluded that businesses often want to use multiple types of AI, so the need for OpenAI in the industry, especially for businesses, is not as prominent as it used to be.

“We offer a wide selection of all types of hyperscaler, so customers can choose the right model for the right work on OpenAI, Anthropic, open source, and more. 10,000 customers have used more than one model,” he said.

Time will tell if this partnership is a win-win. Meanwhile, Microsoft continues to grow in the cloud and profit.