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by foota 939 days ago
What's confusing is that... open AI wouldn't ever be controlled by those that invested, and the owners (e.g., the board) aren't necessarily profit seeking. At least when you take a minority investment in a normal startup you are generally assuming that the owners are in it to have a successful business. It's just a little weird all around to me.
1 comments

Microsoft get to act as a sole distributor for the enterprise. That is quite valuable. Plus they are still in at the poker table and a few raises from winning the pot (maybe they just did!) but even without this chaos they are likely setting themselves up to be the for-profit investor if it ever transitioned to that. For a small amount of money (for MS) they get a lot of upside.