zlacker

>>staran+(OP)
"A source with direct knowledge of the negotiations says that the sole job of this initial board is to vet and appoint a new formal board of up to 9 people that will reset the governance of OpenAl. Microsoft will likely have a seat on that expanded board, as will Altman himself."

https://twitter.com/teddyschleifer/status/172721237871736880...

>>flylib+z4
So basically, the outcome of this drama is that Microsoft gets more power without having to invest anything?

>>Hamuko+X9
MSFT invested over $10B. And currently has no seat on the board.

>>drewco+re
As far as I understand, they knew and agreed to that before committing their $$$.

>>throwa+Tl
Microsoft has more leverage now because they can sue OpenAI for intentionally sabotaging Microsoft's investment.