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00:00 Speaker A
Operator, the next question, please.
00:04 Speaker A
The next question comes from the line of Brent Phil with Jeffries. Please please proceed.
00:12 Speaker B
Uh thanks, Amy. uh on 45% of the backlog being related to OpenAI, I’m just curious if you can comment. There’s obviously uh concern a-a-about um about the you know, the durability and I I know um maybe there’s not much you can say in this, but uh I think everyone’s concerned about the the the exposure and if you could maybe uh talk through uh your perspective and what what both you and Satya are seeing.
00:54 Speaker C
I think maybe I would have thought about the question quite differently, Brent. The first thing to focus on is uh the reason we talked about that number is because 55% or roughly $350 billion is related to the breadth of our portfolio, a breadth of customers across solutions, across Azure, across industries, across geographies. That is a significant RPO balance, larger than most peers, more diversified than most peers, and frankly, uh I think we have super high confidence in it. And when you think about that portion alone growing 28%, it’s really impressive work on the breadth as well as the adoption curve that we’re seeing, which is I think what I get asked most frequently. Uh, it’s grown by customer segment, by industry, and by geo. and so it’s very consistent. And so then if you’re asking about how do I feel about open AI and the contract and the health. Listen, it’s a great partnership. Uh, we continue uh to be their provider uh of scale. Uh we’re excited to do that. We sit under one of the most successful businesses built. uh, and we continue to feel quite good about that. It it’s allowed us to remain a a leader in terms of what we’re building and being on the cutting edge of app innovation.