OpenAI and Microsoft extend partnership

Re:OpenAI and Microsoft extend partnership by roflyear on Monday January 23, 2023 @11:27AM (#34490909)

When you invest in a company with this structure you're not doing it to make money, you're doing it b/c you believe in the product, that's why those structures exist, from my understanding.

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Re:OpenAI and Microsoft extend partnership by whimsicalism on Monday January 23, 2023 @11:38AM (#34491096)

if you believe in the product so much, just donate the money.

what you are saying is not true.

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Re:OpenAI and Microsoft extend partnership by roflyear on Monday January 23, 2023 @11:56AM (#34491469)

I can only speak to what I'm familiar with, in my experience this has been the case. In my experience these individuals do donate to charity, but OpenAI is not a charity.

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Re:OpenAI and Microsoft extend partnership by CBarkleyU on Monday January 23, 2023 @04:08PM (#34495051)

> but OpenAI is not a charity.

Something doesnt have to be a charity to be donated money towards. The question was: Why aren't they donating the money? The answer is: Because the want to make money.

Just FYI: OpenAI tried going the non-profit route, it didnt work, because suprise, suprise, in the grand scheme of VC things nobody wants to donate 10 billion dollars to anything.

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Re:OpenAI and Microsoft extend partnership by roflyear on Monday January 23, 2023 @08:31PM (#34497858)

Things are not Boolean, and they should not be. There is a gradient between "believing in the thing" and "purely wanting to make money" and most people fall somewhere in between those.

I have known of plenty of people (myself included) who would not invest in some companies because they think there are moral issues with that company. Same thing.

> Just FYI: OpenAI tried going the non-profit route, it didnt work, because suprise, suprise, in the grand scheme of VC things nobody wants to donate 10 billion dollars to anything.

Exactly, so they went something in-between, but in reality it is very much for-profit.

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