Microsoft's holdings in OpenAI added $207 million to its net income in its latest quarter, according to its fiscal first-quarter 2027 release dated October 28. In the same period a year earlier, those holdings took $3.1 billion off its profit. Microsoft is one of five companies grouped in a USA News Group commentary distributed through PR Newswire on November 11, 2026. The other four are WEC Energy Group, Arista Networks, Intapp and Uber. Each is linked to OpenAI in a different way.
Microsoft's stake shows up in earnings
The commentary says OpenAI announced an amended deal on April 27. Under that deal, Microsoft continues as OpenAI's primary cloud partner and keeps sharing directly in its growth as a major shareholder.
Microsoft said the net gains on its OpenAI investments were worth $0.03 per diluted share in the quarter ended September 30, 2026. The prior-year net losses reduced diluted earnings per share by $0.41. The company excludes both effects from its non-GAAP figures.
Total revenue rose 19% to $92.3 billion and Azure grew 48%. Commercial remaining performance obligation jumped 73% to $677 billion. Chief financial officer Amy Hood put Microsoft Cloud revenue at $63.9 billion and said its growth had sped up to 30%.
OpenAI's scale and plans
The commentary cites several of OpenAI's own announcements. On March 31, OpenAI said it had finished a funding round, raising $122 billion in commitments and reaching an $852 billion post-money valuation. It added that it was then bringing in $2 billion of revenue each month.
On June 8, OpenAI said it had confidentially filed a draft S-1 with the Securities and Exchange Commission but had not yet settled on timing. On November 10, it started a beta of Businesses in ChatGPT. The company described the product as a channel for firms to reach the 1.2 billion people who use ChatGPT weekly.
Power and networking
WEC Energy Group's link runs through electricity demand. WEC furnished investor materials to the SEC on November 6. One slide in them projects 1.3 GW of demand through 2031 and notes that Vantage Data Centers is building a large campus in Port Washington. That campus will form part of OpenAI and Oracle's Stargate expansion, and buildings there are already under construction.
WEC earned $389.3 million, or $1.18 a share, in the third quarter of 2026. It lifted and tightened its full-year outlook to $5.60 to $5.64 a share.
OpenAI itself announced a Grid Protectors Program on November 2. Under it, the company said, future campuses will be set up to cut power use when the grid is strained. OpenAI also said it will cover the full infrastructure and electric-service costs for its planned site in Effingham County, Georgia.
Arista Networks reported third-quarter revenue of $3.66 billion on November 3, 58.5% above the same quarter of 2025. The company said no quarter since its IPO had produced faster year-over-year revenue growth. Its release said Arista had worked with OpenAI, among others, to build domain-specific AI harnesses that help find vulnerabilities proactively and more quickly. Arista expects fourth-quarter revenue of $3.9 billion to $4.0 billion.
A software partner and a corporate customer
On October 22, OpenAI said Uber was widening its use of ChatGPT Work. The tool is moving from a 1,000-person pilot to more than 30,000 staff across Uber's global workforce. In its third quarter, Uber's Gross Bookings climbed 20% to $59.8 billion and trips rose 16% to 4.1 billion. Non-GAAP operating income increased 38% to $2.3 billion.
Intapp sells what it calls a governed AI platform to professional firms in highly regulated industries. On October 27, it said collaborations with OpenAI and others had broadened its AI ecosystem during its first fiscal quarter of 2027. Subscription revenue grew 29% to $125.5 million, and cloud annual recurring revenue rose 28% to $515.3 million.
Closing prices on November 10, 2026
The commentary lists these closing levels:
- S&P 500: 7,520.93, down 29.01 points or 0.38%; Nasdaq Composite down 0.74%
- Microsoft: $533.16, down 2.20%
- WEC Energy Group: $117.01, down 0.12%
- Arista Networks: $185.02, down 0.62%
- Intapp: $45.40, up 2.09%
- Uber: $70.05, down 1.57%
USA News Group is owned by Market Equities Limited, which says it has not been paid by any of the companies named.
