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dgerard@awful.systems

OpenAI ditches non-profit board, will spin off as venture capital lottery ticket (www.reuters.com)

submitted 1 month ago by dgerard@awful.systems to c/techtakes@awful.systems

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[–] hairyvisionary@fosstodon.org 6 points 1 month ago (5 children)

@dgerard So um now we can get on into the sunk cost fallacy phase of "AI"-pre-winter? I mean how much how much VC money have they already burnt to heat up sand at data centers? Does MICROS~1 granting them Azure use count?

[–] dgerard@awful.systems 12 points 1 month ago* (last edited 1 month ago) (4 children)

Apparently MS gives OpenAI Azure credits, but those are near cost price - so if OpenAI uses them, MS has to spend real money on GPUs and electricity.

MS also has rights to OpenAI's software. So OpenAI is functionally a Microsoft subsidiary that pretends to be a separate company to insulate MS from blame for the shit OpenAI pulls.

[–] Evinceo@awful.systems 2 points 1 month ago

When the music stops can't MS just let OpenAI go bankrupt and keep the tech?

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