kleisli on Nostr: Altman … struck the deal—for just $1 billion initially—with Nadella in 2019. ...

Altman … struck the deal—for just $1 billion initially—with Nadella in 2019. From that moment on, the structure was basically a time bomb. By turning to a single corporate entity, Microsoft, for the majority of the cash and computing power OpenAI needed to achieve its mission, it was essentially handling control to Microsoft, even if that control wasn’t codified in any formal governance mechanism. -- https://fortune.com/2023/11/19/in-the-battle-to-bring-altman-back-to-openai-microsoft-holds-the-trump-cards/?utm_source=substack&utm_medium=email