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
$10 billion of compute credits. Not $10 billion of real money.

>>pclmul+Tj1
Compute credits are more valuable. It is more difficult to get GPUs than real money.

>>blacko+hQ1
As any AI startup can tell you: credits != quota

Right now, quota is very valuable and scarce, but credits are easy to come by. Also, Azure credits themselves are worth about $0.20 per dollar compared to the alternatives.