3 ms·
This problem is not the money. It is the equity. I am certain there is no shortage of investors that would dump cash into OpenAI today despite the events of t
by takinola 3y ago
This problem is not the money. It is the equity. I am certain there is no shortage of investors that would dump cash into OpenAI today despite the events of the last couple of days. It's not even the compute. Amazon would happily move them to AWS tomorrow if they got the chance. The issue is Microsoft's 49% equity stake in the company. What would the new investors get in exchange for their cash/compute? 49.5%?