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He doesn’t have to write down the investment that came in the form of azure credits. He just doesn’t have to deliver. The core thing he is 100% focused on is n
by tsunamifury 3y ago
He doesn’t have to write down the investment that came in the form of azure credits. He just doesn’t have to deliver.
The core thing he is 100% focused on is not having a massive stock drop Monday morning. That’s it that’s his reason to exist all weekend long.
After that. He has time to figure it out.
- hef19898 3y agoDon't forget, MS has a board as well. One Satya reports to the same way Sam reported to the OpanAI one. Potantially loosong 10 billion is nothing the board will just shrug off.
- throwaway2990 3y ago[flagged]
- v4dok 3y agoI agree. 10B is peanuts for MSFT but its Satya's miscalculation. He didn't anticipate that and the board wouldn't be too happy about it.
- throwaway2990 3y agoIf the board is unhappy about that they are idiots and should not be board members. Absolutely no one could have predicted Sam being removed as CEO without anyone knowledge until it happened. But regardless a 10b investment has yields huge results for MS. MS is using openAI tech, they aren’t dependent on the openAI api or infrastructure to provide their AI in every aspect of MS products. That 10b investment has prob paid itself back already and MS is leveraging AI faster than anyone else and has a stronger foothold on the market. If the board can’t look past what 10b got then. I wouldn’t have faith in the board.
- deleted 3y ago[deleted]
- adeelk93 3y agoMicrosoft’s share price swings about more than that on a daily basis
- rafram 3y agoMarket cap is not really real money.
- bottlepalm 3y agoTwitter?
- hef19898 3y agoInvestors money =|= the companies money.
- taspeotis 3y agoYup back pats from the board to Satya. Only 10 billion to get their foot in the door at OpenAI and now they can ransack all their talent. How many billions would it cost to develop that independently? What a saving.
- taspeotis 3y agoPlus if OpenAI implodes on itself they can write that investment down to zero. So basically they get to control ChatGPT 2.0 and get a 10 billion tax credit for it. Honestly the board at least owes Satya a drink.
- svnt 3y agoYou seem to have missed the entire point of the comment you’re replying to. The money was promised in tranches, and probably much of it in the form of spare Azure capacity. Microsoft did not hand OpenAI a $10B check. Satya gives away something he had excess of, and gets 75% of the profits that result from its use, and half of the resulting company. Gives him an excuse to hoard Nvidia GPUs. If it goes to the moon he’s way up. If it dies he’s down only a fraction of the $10B. If it meanders along his costs are somewhat offset, and presumably he can exit at some point.