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Microsoft's license to OpenAI's models and products becomes non-exclusive through 2032 and OpenAI may sell on any cloud, while OpenAI's revenue-share payments to Microsoft continue through 2030 under a total cap and Microsoft stops paying one back.

Microsoft eliminated around 4,800 roles, about 2.1% of its workforce, mostly in Xbox and its commercial business; Xbox cut 1,600 that day on the way to about 3,200 through fiscal 2027 and let four studios go to new management.

Xbox eliminated 268 roles across Halo Studios, other first-party studios and its management layer, part of fewer than 600 Microsoft cuts worldwide, and handed the next Halo game to a new Activision team; Ninja Theory now faces a proposed closure.

Microsoft is expected to report its first fiscal 2027 quarter after the market close, most likely on Wednesday 28 October, and discuss it on a 2:30 p.m. Pacific webcast; the previous quarter brought $90.0 billion of revenue, up 18%.