Microsoft set a target of $92 billion return on investment when investing in OpenAI, and now the stake is worth much more than expected

BlockBeats News, May 12th. According to court documents revealed, Microsoft's early 2023 roadmap sets a $920 billion return target for its large-scale investment in OpenAI.

Microsoft CEO Satya Nadella testified in the United States District Court for the Northern District of California on Monday regarding Elon Musk's lawsuit against OpenAI and Microsoft, confirming this target. Nadella stated that these investments "have worked out well because we took risks" and expressed being "very proud of the collaboration between both parties."

As of early 2023, Microsoft has cumulatively invested around $13 billion in OpenAI. With OpenAI's valuation soaring thereafter, exceeding $850 billion by the end of March this year, the value of Microsoft's stake in OpenAI has reached about $135 billion, far exceeding the initial $920 billion return target. As part of OpenAI's restructuring last year, Microsoft acquired a 27% ownership stake in the company.