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I'm not savvy on investment terms, but most of these bullet points seem like a loss for Microsoft. What's the value in investing in a smaller company and then giving up things produced off that investment when the company grows?
Having a customer locked in to buying $250bn of Azure services is a fairly big benefit.
> Once AGI is declared by OpenAI, that declaration will now be verified by an independent expert panel. I wonder what criteria that panel will use to define/resolve this.
> The two companies reportedly signed an agreement [in 2023] stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits. https://techcrunch.com/2024/12/26/microsoft-and-openai-have-...
So Microsoft went from 49% to now 27%? Open AI with their non-profit and their for-profit and all these investments and deals they are doing. It feels like they are spending more time doing financial trickery than building AI products.
The money needed to run AI company is huge. If they don't do financial trickery, there is huge risk of going out of business. AI is not making enough money to cover the cost and it will take a decade or so to cover the same.
More likely Americans’ tax dollars will be shoveled into the hole.
So Microsoft went from 49% to now 27%? Open AI with their non-profit and their for-profit and all these investments and deals they are doing. It feels like they are spending more time doing financial trickery than building AI products.
The money needed to run AI company is huge. If they don't do financial trickery, there is huge risk of going out of business. AI is not making enough money to cover the cost and it will take a decade or so to cover the same.
> Once AGI is declared by OpenAI, that declaration will now be verified by an independent expert panel. I wonder what criteria that panel will use to define/resolve this.
"I just wanted you to know that you can't just say the word "AGI" and expect anything to happen.
- Michael Scott: I didn't say it. I declared it
Just look at how they write it and they are somehow sneaking a NEW organizational level in there
>First, Microsoft supports the OpenAI board moving forward with formation of a public benefit corporation (PBC) and recapitalization.
Does anyone have any clue how OpenAI is actually governed and who works for who and all that?
It’s kafkaesque at best and intentionally confusing, so that you can’t actually regulate it, at worst
Earlier quoted context omitted.
> The two companies reportedly signed an agreement [in 2023] stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits. https://techcrunch.com/2024/12/26/microsoft-and-openai-have-...
It's all so unfathomably stupid. And it's going to bring down an economy.
> Once AGI is declared by OpenAI, that declaration will now be verified by an independent expert panel. I wonder what criteria that panel will use to define/resolve this.
Microsoft’s IP rights for both models and products are extended through 2032 and now includes models post-AGI...
To me, this suggests a further dilution of the term "AGI."