微軟與 OpenAI 賬本曝光，AI 巨頭們的「分錢」遊戲

IT之家

2025/11/15

IT之家 11 月 15 日消息，科技媒體 TechCrunch 今天（11 月 15 日）發布博文，報道稱科技博主 Ed Zitron 披露了一份文件，揭示了人工智能公司 OpenAI 與微軟之間複雜的財務往來，為外界進一步窺探 OpenAI 的財務狀況提供了寶貴視角。根據 Zitron 的報道，OpenAI 在 2024 年向微軟支付了 4.938 億美元（IT之家注：現匯率約合 35.08 ...

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href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251115145421a4a32689&s=b\">網頁鏈接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251115145421a4a32689&s=b\">IT之家</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFT","symbol_name":"微軟","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251115145421a4a32689&s=b","article_id":"2583863420","we_media_id":null,"thumbnails":[],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20251115145421a4a32689&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, 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Zitron 披露了一份文件，揭示了人工智能公司 OpenAI 與微軟之間複雜的財務往來，為外界進一步窺探 OpenAI 的財務狀況提供了寶貴視角。根據 Zitron 的報道，OpenAI 在 2024 年向微軟支付了 4.938 億美元（IT之家注：現匯率約合 35.08 億元人民幣）的收入分成。進入 2025 年，這一數字顯著增長，前三個季度的支付額已達 8.658 億美元（現匯率約合 61.5 億元人民幣）。此前有報道稱，作為微軟超過 130 億美元投資的一部分，OpenAI 通常會與其分享約 20% 的收入。儘管雙方均未公開確認此比例，但這些數字證實了兩者之間緊密的財務聯繫。然而，雙方的財務關係並非單向。據知情人士透露，微軟也會將來自 Bing 和 Azure OpenAI 服務的部分營收（約 20%）返還給 OpenAI。Azure OpenAI 服務為開發者和企業提供對 OpenAI 模型雲訪問的權限，而 Bing 搜索引擎也整合了 OpenAI 的技術。泄露的支付數據指的是微軟的「淨收入分成」，這意味着在計算支付給 OpenAI 的金額，已經扣除了微軟從 Bing 和 Azure OpenAI 項目中支付給 OpenAI 的「版税」。基於公開的 20% 收入分成比例推算，OpenAI 在 2024 年的收入至少達到了 25 億美元，而 2025 年前三季度的收入至少為 43.3 億美元，實際數字可能更高。從成本端看，Zitron 的分析顯示，OpenAI 在 2024 年的推理（Inference，運行已訓練好的 AI 模型以生成響應所需的計算資源）計算支出可能高達 38 億美元，而 2025 年前九個月的支出更是攀升至約 86.5 億美元。廣告聲明：文內含有的對外跳轉鏈接（包括不限於超鏈接、二維碼、口令等形式），用於傳遞更多信息，節省甄選時間，結果僅供參考，IT之家所有文章均包含本聲明。","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}