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Microsoft eyes $10B bet on ChatGPT

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Re: Microsoft eyes $10B bet on ChatGPT

#4
post #3

AWS and GCP execs must be kicking themselves wondering how this one got away. Azure appears to be years ahead in offering usable AI models to cloud customers.

ChatGPT Caused 'Code Red' at Google: https://www.cnet.com/tech/services-and-software/chatgpt-caus...

Re: Microsoft eyes $10B bet on ChatGPT

#5
It’s really impressive watching OpenAI go from “no one can use this model because it’s too dangerous” to “everyone can use the model online but you can’t have the model because we’re selling it to Microsoft for billions of dollars.”

Re: Microsoft eyes $10B bet on ChatGPT

#8
>After that threshold is reached, it would revert to a structure that reflects ownership of OpenAI, with Microsoft having a 49% stake, other investors taking another 49% and OpenAI’s nonprofit parent getting 2%.

I am not a legal person, I am just confused with the deal structure. So, the OpenAI core team will own only 2% of the company?

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