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by drewcoo 939 days ago
MSFT invested over $10B. And currently has no seat on the board.
3 comments

As far as I understand, they knew and agreed to that before committing their $$$.
Microsoft has more leverage now because they can sue OpenAI for intentionally sabotaging Microsoft's investment.
And it was stick fucking strange, they assu
$10 billion of compute credits. Not $10 billion of real money.
Compute credits are more valuable. It is more difficult to get GPUs than real money.
As any AI startup can tell you: credits != quota

Right now, quota is very valuable and scarce, but credits are easy to come by. Also, Azure credits themselves are worth about $0.20 per dollar compared to the alternatives.

It has payed only fraction of that so far