Microsoft sees $24.1 billion in sales from OpenAI partnership

Microsoft has seen significant sales growth from its partnership with OpenAI, recording $24.1 billion in sales during the year ended in June. The company expects to reach $37 billion in revenue over the course of a full year, driven mostly by its AI sales.

Tencent is opening its Hy3 large language model to global users, available free of charge on WorkBuddy until August 31, 2026. Hy3 is a hybrid fast-and-slow-thinking model built on a Mixture-of-Experts architecture with 295 billion total parameters and 21 billion active parameters.

Investors are growing more selective about AI hyperscaler stocks, scrutinizing individual companies' capital spending plans and revenue projections. The 2026 capital spending plans of four major hyperscalers total roughly $600 billion.

Zenity raised $125 million in Series C funding to expand its AI agent security platform, helping enterprises govern and scale AI agents. The company provides a unified security layer across AI agents built on any agentic framework.

Lufthansa Cargo revenue grew 27% during the second quarter to 1 billion euros, benefiting from strong demand for AI-related hardware and pharmaceuticals. The company is building a $682 million cargo terminal to expand its air cargo hub in Europe.

SpaceX has committed to using NVIDIA AI hardware exclusively, while NVIDIA's stock surged 3.91% after the announcement. Massive Bio has made its inaugural strategic investment in Rivvi to build an end-to-end AI engagement infrastructure for healthcare.

ByteDance is prioritizing long-term AI research over short-term gains, with its founder ruling out using distillation to advance the company's AI model capabilities. Llamafile has released version 0.10.5, supporting running substantial AI models directly on personal hardware.

Key Takeaways

• Microsoft recorded $24.1 billion in sales from OpenAI during the year ended in June and expects to reach $37 billion in revenue over the course of a full year. • Tencent opened its Hy3 large language model to global users, available free of charge on WorkBuddy until August 31, 2026. • Investors are growing more selective about AI hyperscaler stocks, scrutinizing individual companies' capital spending plans and revenue projections. • Zenity raised $125 million in Series C funding to expand its AI agent security platform. • Lufthansa Cargo revenue grew 27% during the second quarter to 1 billion euros. • SpaceX committed to using NVIDIA AI hardware exclusively. • Massive Bio made its inaugural strategic investment in Rivvi to build an end-to-end AI engagement infrastructure for healthcare. • ByteDance is prioritizing long-term AI research over short-term gains. • Llamafile released version 0.10.5, supporting running substantial AI models directly on personal hardware. • Scale AI did not have any news in the provided articles.

Microsoft's AI Sales Boosted by OpenAI

Microsoft recorded $24.1 billion in sales from OpenAI during the year ended in June. The company's CEO, Satya Nadella, said Microsoft was on pace to record $37 billion in revenue over the course of a full year. Microsoft's AI sales are mostly driven by its partnership with OpenAI. The company has not updated its total AI sales figure recently.

Microsoft's OpenAI Sales Drive AI Revenue

Microsoft filings suggest that OpenAI accounted for most of its AI sales. The company recorded $24.1 billion in sales from OpenAI during the year ended in June. Bloomberg reported the news, citing Microsoft's disclosures.

Tencent Opens Hy3 AI Model to Global Users

Tencent is opening its Hy3 large language model to global users. The model is available free of charge on WorkBuddy until August 31, 2026. Hy3 is a hybrid fast-and-slow-thinking model built on a Mixture-of-Experts architecture. It has 295 billion total parameters and 21 billion active parameters.

AI Trade Driven by Results, Not Hype

Investors are growing more selective about AI hyperscaler stocks. They are scrutinizing individual companies' capital spending plans and revenue projections. The 2026 capital spending plans of four major hyperscalers total roughly $600 billion.

Zenity Raises $125M for AI Agent Security

Zenity raised $125 million in Series C funding to expand its AI agent security platform. The company helps enterprises govern and scale AI agents. Zenity's platform provides a unified security layer across AI agents built on any agentic framework.

Lufthansa Cargo Revenue Grows 27%

Lufthansa Cargo revenue grew 27% during the second quarter to 1 billion euros. The company benefited from strong demand for AI-related hardware and pharmaceuticals. Lufthansa is building a $682 million cargo terminal to expand its air cargo hub in Europe.

SpaceX Commits to NVIDIA AI Hardware

SpaceX has committed to using NVIDIA AI hardware exclusively. The company's portfolio has climbed 3.49% to $9,887. NVIDIA's stock surged 3.91% after the announcement.

Llamafile v0.10.5 Ships with Big Local Models

Llamafile has released version 0.10.5, which supports running substantial AI models directly on personal hardware. The update includes enhancements for running large models like Ternary Bonsai 27B and Laguna-S-2.1.

Massive Bio Invests in Rivvi

Massive Bio has made its inaugural strategic investment in Rivvi. The goal is to build an end-to-end AI engagement infrastructure for healthcare.

ByteDance Focuses on Long-Term AI Research

ByteDance's founder, Zhang Yiming, has ruled out using distillation to advance the company's AI model capabilities. The company is prioritizing long-term AI research over short-term gains.