Also keep in mind that Microsoft hasn't actually given OpenAI $13 Billion because much of that is in the form of Azure credits.
So this could end up being the cheapest acquisition for Microsoft: They get a $90 Billion company for peanuts.
[1] https://stratechery.com/2023/openais-misalignment-and-micros...
To be clear, these don't go away. They remain an asset of OpenAI's, and could help them continue their research for a few years.
They bought their IP rights from OpenAI.
I’m not a fan of MS being the big “winner” here but OpenAI shit their own bed on this one. The employees are 100% correct in one thing - that this board isn’t competent.
MSFT looks classy af.
Satya is no saint... But evidence seems to me he's negotiating in good faith. Recall that openai could date anyone when they went to the dance on that cap raise.
They picked msft because of the value system the leadership exhibited and willingness to work with their unusual must haves surrounding governance.
The big players at openai have made all that clear in interviews. Also Altman has huge respect for Satya and team. He more or less stated on podcasts that he's the best ceo he's ever interacted with. That says a lot.