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by ripjaygn
760 days ago
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> Microsoft is the de facto controlling shareholder in OpenAI No, they are not even a shareholder. > Microsoft is entitled to up to 49 percent of the for-profit arm of OpenAI's profits, according to reports. But that's not the same as 49% ownership. That investment does not result in Microsoft owning part of OpenAI |
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Note that that diagram is now a little out of date - Microsoft now has an actual (albeit non-voting) board seat, not just effective control.