So basically they get to control ChatGPT 2.0 and get a 10 billion tax credit for it.
Honestly the board at least owes Satya a drink.
Absolutely no one could have predicted Sam being removed as CEO without anyone knowledge until it happened.
But regardless a 10b investment has yields huge results for MS. MS is using openAI tech, they aren’t dependent on the openAI api or infrastructure to provide their AI in every aspect of MS products.
That 10b investment has prob paid itself back already and MS is leveraging AI faster than anyone else and has a stronger foothold on the market.
If the board can’t look past what 10b got then. I wouldn’t have faith in the board.
The money was promised in tranches, and probably much of it in the form of spare Azure capacity. Microsoft did not hand OpenAI a $10B check.
Satya gives away something he had excess of, and gets 75% of the profits that result from its use, and half of the resulting company. Gives him an excuse to hoard Nvidia GPUs.
If it goes to the moon he’s way up. If it dies he’s down only a fraction of the $10B. If it meanders along his costs are somewhat offset, and presumably he can exit at some point.
The core thing he is 100% focused on is not having a massive stock drop Monday morning. That’s it that’s his reason to exist all weekend long.
After that. He has time to figure it out.