zlacker

>>skille+(OP)
If they join Sam Altman and Greg Brockman at Microsoft they will not need to start from scratch because Microsoft has full rights [1] to ChatGPT IP. They can just fork ChatGPT.

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...

>>breadw+17
> Microsoft hasn't actually given OpenAI $13 Billion because much of that is in the form of Azure credits

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.

>>JumpCr+sk
Sure but you can't exchange Azure credits for goods and services... other than Azure services. So they simultaneously control what OpenAI can use that money for as well as who they can spend it with. And it doesn't cost Microsoft $13bn to issue $13bn in Azure credits.

>>hnbad+yU
Can you mine 13bn+ bitcoin with 13bn worth of Azure compute power?

>>dixie_+SW
Bitcoin you would be lucky to mine $1M worth with $1B in credits

Crypto in general you could maybe get $200M worth from $1B in credits. You would likely tank the markets for mineable currencies with just $1B though let alone $13B