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Hearing news about OpenAI approaching Anthropic for merger talks, it is not too far fetched to assumed that OpenAI will rid itself of the for-profit arm, that M
by kumarvvr 3y ago
Hearing news about OpenAI approaching Anthropic for merger talks, it is not too far fetched to assumed that OpenAI will rid itself of the for-profit arm, that MS has 49% stake in, to MS itself.
It is impossible for OpenAI to work with or for MS, with MS holding all the keys, employees, compute resources, etc. I come to understand that the 10 Billion from MS has mostly Azure credits. And for that OpenAI gave up 49% stake (in its capped, for -profit wholly owned subsidiary) along with all the technology, source code and model weights that OpenAI will make, in perpetuity.
The deal itself is an amazing coup for MS, almost making the OpenAI people (I think Sam made the deal at the time), look like bumbling fools. Give away your lifetime of work for a measly 10 Billion? When they are poised to almost be hundreds of Billions worth?
All these problems are the result of their non-profit holding capped-profit structure, and lack of a clear vision and misleading or misplaced end goals.
700 of the 770 employees back Sam Altman. So all the talk about engineers giving higher importance to "values" and "AI Safety" is moot. Everyone in SV is motivated by money.