4 ms·
> Microsoft is the de facto controlling shareholder in OpenAI No, they are not even a shareholder. > Microsoft is entitled to up to 49 percent of the for-prof
by ripjaygn 2y ago
> Microsoft is the de facto controlling shareholder in OpenAI
No, they are not even a shareholder.
> Microsoft is entitled to up to 49 percent of the for-profit arm of OpenAI's profits, according to reports. But that's not the same as 49% ownership. That investment does not result in Microsoft owning part of OpenAI
- rafram 2y agohttps://www.bloomberg.com/opinion/articles/2023-11-20/who-controls-openai https://www.bloomberg.com/opinion/articles/2023-11-20/who-co... Note that that diagram is now a little out of date - Microsoft now has an actual (albeit non-voting) board seat, not just effective control.