4 ms·
Microsoft owns 49% IIRC. Prob a bunch of the other folks who pledged $ at the beginning as well (Thiel, Musk, etc)
by curiousllama 4y ago
Microsoft owns 49% IIRC. Prob a bunch of the other folks who pledged $ at the beginning as well (Thiel, Musk, etc)
- nostromo 4y agoMusk also says he has no equity. https://twitter.com/elonmusk/status/1639142924985278466?s=46&t=Rzfz7ma1VEMxiFDXLqgb3Q https://twitter.com/elonmusk/status/1639142924985278466?s=46...
- pengaru 4y agoMusk says a lot of things...
- Apocryphon 4y agoThis is like how they get a cut of each Android phone sold. Microsoft is gonna profit off of every new wave of technology that others built until the end of time, aren’t they
- blihp 4y agoThat ownership stake is 'on loan' to them until they make 100x their money back. Then ownership reverts back to OpenAI.
- JohnFen 4y ago> Microsoft owns 49% IIRC. Which makes Microsoft the majority shareholder. Which means that for all intents and purposes, we can consider OpenAI as a Microsoft venture now.
- SahAssar 4y agoIn what world is 49% a majority?
- bpodgursky 4y agoNo, they got 49% of profits up to some very large number. It wasn't equity.