In Q4, Microsoft's Anthropic investment saw a $3.2B gain, while its OpenAI investment was marked down ~$600M but has generated a $5B gain on a full-year basis (Julie Bort/TechCrunch)

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Julie Bort / TechCrunch:
In Q4, Microsoft's Anthropic investment saw a $3.2B gain, while its OpenAI investment was marked down ~$600M but has generated a $5B gain on a full-year basis  —  When Microsoft reported killer fourth-quarter earnings for its fiscal 2026 year (which ended June 30), it tucked …

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