5 ms·

While this may be technically true, the reality is that when you take $10 billion from a company there are strings attached. Consultation on a decision of this

While this may be technically true, the reality is that when you take $10 billion from a company there are strings attached. Consultation on a decision of this magnitude is one of those strings. You can choose to push ahead anyway after this is done but dropping the news on them 1 minute before you pull the trigger is unacceptable and MSFT will go for the throat here. You can't be seen to be a company that can be treated like this at MSFT level when you have invested this much money in any org.

hcks 3y ago
Once you take in 10 billions then it’s pretty much the opposite, legality is the only things that matter.
- rich_sasha 3y ago
  Did they take a wire transfer for $10bn in cash, now sitting in their bank account? Or did they get a promise of various funding over N years, subject to milestones, conditions, in a variety of media including cash, Azure credits, loan lines etc. I'd imagine the latter, and that it can be easily yanked away.
  - WendyTheWillow 3y ago
    You mean the latter, but yeah. Financing like that is doled out based on a number of things; it would be wildly irresponsible to do otherwise for reasons exactly like this.
    - rich_sasha 3y ago
      Fixed, thanks!
- TapWaterBandit 3y ago
  Depends what you mean. Legally they might be in the clear but guarantee when you fuck around with billions of other people's money, it gets more complicated that that.
- WendyTheWillow 3y ago
  No, that's not it; relationships play gigantic roles in large deals. Besides, even if you had an outstanding contract for $10bn, a judge would not pull a "well technically, you did say <X> even though that's absurd, so they get all the money and you get nothing."
jliptzin 3y ago
There are lots of other people and companies with $10 billion though. Why does it have to be Microsoft? Even after this circus, Open AI could still probably raise a ton of money from new entities if they wanted to. Maybe that is the point of this.

hcks 3y ago

Once you take in 10 billions then it’s pretty much the opposite, legality is the only things that matter.

rich_sasha 3y ago
Did they take a wire transfer for $10bn in cash, now sitting in their bank account? Or did they get a promise of various funding over N years, subject to milestones, conditions, in a variety of media including cash, Azure credits, loan lines etc. I'd imagine the latter, and that it can be easily yanked away.
- WendyTheWillow 3y ago
  You mean the latter, but yeah. Financing like that is doled out based on a number of things; it would be wildly irresponsible to do otherwise for reasons exactly like this.
  - rich_sasha 3y ago
    Fixed, thanks!
TapWaterBandit 3y ago
Depends what you mean. Legally they might be in the clear but guarantee when you fuck around with billions of other people's money, it gets more complicated that that.
WendyTheWillow 3y ago
No, that's not it; relationships play gigantic roles in large deals. Besides, even if you had an outstanding contract for $10bn, a judge would not pull a "well technically, you did say <X> even though that's absurd, so they get all the money and you get nothing."

jliptzin 3y ago

There are lots of other people and companies with $10 billion though. Why does it have to be Microsoft? Even after this circus, Open AI could still probably raise a ton of money from new entities if they wanted to. Maybe that is the point of this.