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A comment on We have reached an agreement in principle for Sam to return to OpenAI as CEO. Parent comment

Re:We have reached an agreement in principle for Sam to retu... by quickthrower2 on Wednesday November 22, 2023 @02:53AM (#38376261)
They let the fox in. But they didn’t have to. They could have try to raise money without such a sweet deal to MS. They gave away power for cloud credits.
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Re:We have reached an agreement in principle for Sam to retu... by dragonwriter on Wednesday November 22, 2023 @03:00AM (#38376320)
> They let the fox in. But they didn’t have to. They could have try to raise money without such a sweet deal to MS.

They did, and fell, IIRC, vastly short (IIRC, an order of magnitude, maybe more) short of their minimum short-term target. The commercial subsidiary thing was a risk taken to support the mission because it was clear it was going to fail from lack of funding otherwise.

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Re:We have reached an agreement in principle for Sam to retu... by doikor on Wednesday November 22, 2023 @03:38AM (#38376631)
They tried but it did not work. They needed billions for the compute time and top tier talent but were only able to collect millions.
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