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A comment on OpenAI is too cheap to beat. Parent comment

Re:OpenAI is too cheap to beat by wkat4242 on Thursday October 12, 2023 @04:46PM (#37862962)
They basically are MS by now. Everyone at Microsoft I work with literally calls it an 'aquisition'. Even though they only own a share. It's pretty clear what their plans are.
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Re:OpenAI is too cheap to beat by imchillyb on Thursday October 12, 2023 @07:10PM (#37864367)
> Microsoft will reportedly get a 75% share of OpenAI's profits until it makes back the money on its investment, after which the company would assume a 49% stake in OpenAI.

49% isn't _just_ a share, it's a significant portion of the company.

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Re:OpenAI is too cheap to beat by wkat4242 on Thursday October 12, 2023 @10:36PM (#37865889)
It's what we call a non-controlling interest. Definitely not something that qualifies as an acquisition.
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Re:OpenAI is too cheap to beat by imchillyb on Monday October 16, 2023 @07:26PM (#37908077)
Of course, and it's also not _just_ a share, which is the comment I was responding to. 49% of a company's outstanding public shares is a significant portion. It's 2% away from controlling, and a fun merger event.
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