3 ms·
Kicked out is a bit hyperbole. They don't have their champion anymore but the deal and their minority ownership stake are inked. They still get tech and profits
by voidfunc 3y ago
Kicked out is a bit hyperbole. They don't have their champion anymore but the deal and their minority ownership stake are inked. They still get tech and profits. They might not have a path to owning OpenAI now but that was a problem a few years down the road. They can also invest in Altmans new thing and poach OpenAI talent to bolster their internal AI research which is probably going to get a massive funding boost.
The PR hit will be bad for a few days. Good time to buy MS stock on discount but this won't matter in a year or two.