Romang67
BitterSwede
On Friday, OpenAI's board fired CEO Sam Altman. Sam Altman was today hired to lead a new AI research team at Microsoft, and OpenAI employees are not happy:
Threat of OpenAI Staff Exodus Leaves Its Future Uncertain
This past winter, Microsoft invested some $10B in OpenAI, with the agreement that 75% of profits from the company go back to Microsoft until that investment is repaid. With OpenAI's future growth looking uncertain given this recent turmoil, that 75% profit going to Microsoft suddenly looks a lot more costly for OpenAI than it probably did at the time of the investment. A takeover could be on the horizon, unless the OpenAI board sees potential to keep up their astronomic growth.
Microsoft may suddenly be a new super power in the world of generative AI.
Threat of OpenAI Staff Exodus Leaves Its Future Uncertain
This past winter, Microsoft invested some $10B in OpenAI, with the agreement that 75% of profits from the company go back to Microsoft until that investment is repaid. With OpenAI's future growth looking uncertain given this recent turmoil, that 75% profit going to Microsoft suddenly looks a lot more costly for OpenAI than it probably did at the time of the investment. A takeover could be on the horizon, unless the OpenAI board sees potential to keep up their astronomic growth.
Microsoft may suddenly be a new super power in the world of generative AI.