Yup back pats from the board to Satya. Only 10 billion to get their foot in the door at OpenAI and now they can ransack all their talent. How many billions would it cost to develop that independently? What a saving.

Plus if OpenAI implodes on itself they can write that investment down to zero.

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.

Microsoft’s share price swings about more than that on a daily basis

Market cap is not really real money.

Twitter?

Investors money =|= the companies money.

I agree. 10B is peanuts for MSFT but its Satya's miscalculation. He didn't anticipate that and the board wouldn't be too happy about it.

If the board is unhappy about that they are idiots and should not be board members.

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.

You seem to have missed the entire point of the comment you’re replying to.

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.