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That depends entirely on the final contracts they signed with OpenAI Global, LLC and I think there have been at least two deals so far (and latter ones might ha
by throwup238 2y ago
That depends entirely on the final contracts they signed with OpenAI Global, LLC and I think there have been at least two deals so far (and latter ones might have amended the previous ones).
Based on their blog post [1] and various rumors in the press, it sounds like Microsoft has some contingencies in place. I assume their investments will just convert to hard equity in case of a sale (if they haven’t already).
[1] https://openai.com/index/why-our-structure-must-evolve-to-advance-our-mission/ https://openai.com/index/why-our-structure-must-evolve-to-ad...