Without the top 5 tech companies, S&P500 has lackluster growth.
Microsoft has added trillions to its cap. The statement “we have all the access we need” is a powerful statement. To both OpenAI board and investors.
OpenAI is built on Azure compute. MS has invested billions of their own, they’re building their own chips now.
Essentially Microsoft is saying you can burn OpenAI to the ground, “we have everything we need” to win! - the data, the compute, the algorithms, the engineers, the capital and the market.
This is a way bigger blow to OpenAI than Microsoft.