zlacker

No, OpenAI will not survive as a company with more than one shareholder. At the end of the day, MSFT has a fiduciary duty to its own shareholders. MSFT has set certain expectations for its own financial performance based on its agreements with OpenAI and MSFT shares traded based on those expectations. Now OpenAI has sustained a hemorrhage of its leadership that negotiated those agreements, including a public admission by OpenAI of deception in their boardroom and private talk of a potential competitor involving employees. The only question is if OpenAI will capitulate or the lawyers and supply chain will be leveraged to compel their cooperation with protecting the MSFT shareholders. MSFT has deep enough pockets to retain all of the workers. One way or another, the IP and their ops are now the property of the bank, in this case MSFT shareholders. Let’s hope nobody goes to jail by resisting what is a standard cleanup operation at this point.

>>vaxman+(OP)
“Sorry, we are reporting a write down of $10 billion due to potential misrepresentations of commercial intent that occurred in our OpenAI portfolio.”

Things you will never hear Satya Nadella say. Way more likely he will coordinate to unify as much of their workers as he can to continue on as a subsidiary, with the rest left to go work something out with other players crazy/desperate enough to trust them.