Re:OpenAI staff threaten to quit unless board resigns
by hnbad on Monday November 20, 2023 @12:45PM
(#38351374)
Sure but you can't exchange Azure credits for goods and services... other than Azure services. So they simultaneously control what OpenAI can use that money for as well as who they can spend it with. And it doesn't cost Microsoft $13bn to issue $13bn in Azure credits.
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Re:OpenAI staff threaten to quit unless board resigns
by dixie_land on Monday November 20, 2023 @12:53PM
(#38351518)
Can you mine 13bn+ bitcoin with 13bn worth of Azure compute power?
Re:OpenAI staff threaten to quit unless board resigns
by floren on Monday November 20, 2023 @01:01PM
(#38351679)
Can you mine $1+ bitcoin with $1 of Azure credits? The questions are equivalent and the answer is no.
Re:OpenAI staff threaten to quit unless board resigns
by shawabawa3 on Monday November 20, 2023 @02:28PM
(#38353168)
Bitcoin you would be lucky to mine $1M worth with $1B in credits
Crypto in general you could maybe get $200M worth from $1B in credits. You would likely tank the markets for mineable currencies with just $1B though let alone $13B