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Microsoft says it does not own any portion of OpenAI

10 pointsby dev_tty01over 1 year ago

5 comments

engineer_22over 1 year ago
&gt; &quot;While details of our agreement remain confidential, it is important to note that Microsoft does not own any portion of OpenAI and is simply entitled to share of profit distributions,&quot; said company spokesman Frank Shaw.<p>Weird agreement to have with a non-profit
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mlazosover 1 year ago
De facto it feels like they own the whole thing tbh
chatmastaover 1 year ago
I wonder if in the future this will look like AOL arguing over whether it owned any of part of Netscape.<p>Maybe not the best analogy but you get what I&#x27;m saying... will OpenAI inevitably lose their first-mover advantage and become completely supplanted by an overwhelmingly long tail of competitive alternatives?
Terrettaover 1 year ago
Doesn&#x27;t need to own it to have rights in case of a breach of contract.
sylwareover 1 year ago
But can dismantle the &quot;board&quot; when unhappy?<p>weird kind of &quot;board&quot;... anyways, we get the picture...