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M.G. Siegler
mgsiegler.com
did:plc:bqdtwrjvjqldbquxyezad735
Yeah, this doesn't seem correct. It's a bit in the accounting weeds, but matters here: Microsoft handles the Anthropic and OpenAI investments differently. With the latter they use the "equity method" so they take a pro rata portion of profits and losses. Last year: https://spyglass.org/buyer-beware-big-tech-gains-and-losses-boosted-by-big-ai/
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2026-07-30T07:16:26.165Z