zlacker

Don't forget, MS has a board as well. One Satya reports to the same way Sam reported to the OpanAI one. Potantially loosong 10 billion is nothing the board will just shrug off.

>>hef198+(OP)
Microsoft’s share price swings about more than that on a daily basis

>>hef198+(OP)
Yup back pats from the board to Satya. Only 10 billion to get their foot in the door at OpenAI and now they can ransack all their talent. How many billions would it cost to develop that independently? What a saving.

>>adeelk+M3
Market cap is not really real money.

>>rafram+B5
Twitter?

>>bottle+L7
Investors money =|= the companies money.

>>hef198+(OP)
You seem to have missed the entire point of the comment you’re replying to.

The money was promised in tranches, and probably much of it in the form of spare Azure capacity. Microsoft did not hand OpenAI a $10B check.

Satya gives away something he had excess of, and gets 75% of the profits that result from its use, and half of the resulting company. Gives him an excuse to hoard Nvidia GPUs.

If it goes to the moon he’s way up. If it dies he’s down only a fraction of the $10B. If it meanders along his costs are somewhat offset, and presumably he can exit at some point.

>>taspeo+05
Plus if OpenAI implodes on itself they can write that investment down to zero.

So basically they get to control ChatGPT 2.0 and get a 10 billion tax credit for it.

Honestly the board at least owes Satya a drink.