Re:Sora: Creating video from text
by frabcus on Thursday February 15, 2024 @03:31PM
(#39388343)
They don't own 49% of OpenAI. They have capped rights to 49% of OpenAI's profits.
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Re:Sora: Creating video from text
by SeanAnderson on Thursday February 15, 2024 @03:38PM
(#39388437)
Apparently all the rumors weren't true then, my mistake.
I don't think what you're saying is correct though, either. All the early news outlets reported 49% ownership:
https://en.wikipedia.org/wiki/OpenAI#:~:text=Rumors%20of%20t...
https://www.theverge.com/2023/1/23/23567448/microsoft-openai...
https://www.reuters.com/world/uk/uk-antitrust-regulator-cons...
https://techcrunch.com/2023/01/23/microsoft-invests-billions...
The only official statement from Micorosft is "While details of our agreement remain confidential, it is important to note that Microsoft does not own any portion of OpenAI and is simply entitled to share of profit distributions," said company spokesman Frank Shaw.
No numbers, though.
Do you have a better source for numbers?