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by fnordpiglet 948 days ago
OpenAI hasn’t received much funding from Microsoft or other investors, and is profitable already with no lack of interested suitors for funding and partnership. Microsoft’s leverage is grossly overstated mostly because it suits Microsoft to appear important to OpenAI when it’s the other way around.
1 comments

They received a 10 billion dollar investment that allows the product to operate plus they provide the servers. Without that your $20 a month goes to 2,000
They received much less than 10 billion, and it's mostly in credits (so really about half the value), in exchange for exclusive access to the world's most advanced LLM?
They’ve actually drawn very little of that $10b. They are profitable at the moment, and would have no trouble raising funds from anywhere at the moment in any quantity they wanted.
What’s the source on this?