3 ms·
> Microsoft will reportedly get a 75% share of OpenAI's profits until it makes back the money on its investment, after which the company would assume a 49% stak
by imchillyb 3y ago
> Microsoft will reportedly get a 75% share of OpenAI's profits until it makes back the money on its investment, after which the company would assume a 49% stake in OpenAI.
49% isn't _just_ a share, it's a significant portion of the company.
- wkat4242 3y agoIt's what we call a non-controlling interest. Definitely not something that qualifies as an acquisition.
- imchillyb 3y agoOf course, and it's also not _just_ a share, which is the comment I was responding to. 49% of a company's outstanding public shares is a significant portion. It's 2% away from controlling, and a fun merger event.