How ‘friendship’ with Sam Altman cost Microsoft $360 billion in a day – The Times of India

How ‘friendship’ with Sam Altman cost Microsoft 0 billion in a day – The Times of India

By Abhinav Kaustubh
Publication Date: 2026-01-30 12:34:00

Microsoft’s $360 billion single-day crash exposed the catastrophic cost of its OpenAI alliance. After investing $13 billion in Sam Altman’s money-losing venture, Microsoft has tied 45% of its cloud contracts to a partner burning cash with no path to profitability. Circular financing schemes and exploding AI spending finally triggered Wall Street’s reckoning.

Microsoft lost $360 billion in market value on January 28. That’s the second-largest single-day wipeout in US stock market history. The only bigger crash? Nvidia’s DeepSeek meltdown last year, which also traced back to AI delusion.The culprit this time is Sam Altman and his money-incinerating machine called OpenAI. Microsoft’s stock plunged 10% after earnings exposed a reality investors can no longer ignore: the software giant has handcuffed itself to a partner that lost over $8 billion last year, burns $15 million daily on video generation alone, and has no credible path to profitability.

Microsoft’s Biggest Asia Investment…