90 karma · joined November 18, 2023
Don't believe me? Check out the VC tweets... Sand hill pulled the checkbook the moment these guys might have been on the market.
Read about their structure. Msft doesn't own anything. They are an investor. This is different, in thus case.
The non profit owns the for profit. Msft has 49 percent of the for profit. Sunset clause after profit benchmarks. Ownership returns 100 percent to non profit.
Stop getting meme'd on by the crowd. That goes to the 90 plus percent of other commenter's spreading misinformation on hn.
She's going with Altman in all likelyhood.
Ilya is the one changing tac.
Satya runs the biggest race track.
Altman trains pure breds trying to win the Kentucky derby repeatedly.
Totally diff games. Both big bosses. Not equivalent and never will be. Totally diff career tracks.
Once you lead at that level... It's max autonomy going forward. Source: Elon. Guy hates a board with power as much as Zuckerberg. Employee? Ha .. Out of the question.
Desperate... Right...
The guy met with the Arabs a few weeks back about billions in financing for a new venture. The guys desperate like I'm Donald duck.
The rest of us just can't afford most of the insurance that we probably should have.
Insurance is for scenarios that are very unlikely to happen. Means nothing. If I was worth 300 mil I'd have insurance in case I accidently let an extra heavy toilet seat smash the boys downstairs.
Throw the money at radical weener rejuvination startups. Never know... Not like you have much to lose after that unlikely event.
I'd get insurance for all kinds of things.
I don't think his secretary does it for him. Doesnt seem like his style.
You think the guy is gonna be a regular c suite exec?
They are going to be a special group with special rules. This is so they can build off the existing code base. Only msft has that openai ip.
If they go to Google or start their own thing it's rewrite or work off someone else's painting. Not to mention building out compute infrastructure.
Big loss of time. Go to msft, get special status, maybe even an exit clause with IP included. Easy win. Was always gonna be msft if not openai negotiated return. I just didn't realize that till satya threw them the offer that worked.
These guys didn't sign up to be cogs. Satya respects them.
This guy doesn't care about money y'all...
He needs money to do big things and execute. He gets high on making big stuff happen.
So many Altman haters every way I turn. He turned down ownership in a now 90 billion dollar company... The guy is busted up from success and now that's all he digs. Money is for idiots.
Folks need to read the room. Once you hit a couple hundred mil net worth only a fool cares about stacking on more bills. That's just a side affect of tap dancing to work... Jobs was worth what? 2 billion?
Who think satya cares about money... Get real. He wants the most he can get so his foundation when he retires can make big changes and do Bill Gates stuff.
This place is just as bad as reddit sometimes. No offense to anyone in particular. Some of these youngsters need to comment less and read a few more ceo bio's... Or just go watch YouTube interviews from the finance guy... Whatshisname leveraged buyout wizard whitehair with a JD who sits on billions but realized he preferred to be a journalist sometimes before he kicks it.
Did they have power... Ofc they did. Otherwise... Why were they negotiating?
Its not about who had more power. They just couldn't find enough common ground.
Now Satya bagged talent. They don't have to rewrite the whole codebase due to IP msft has already secured.
I think those talks were real. You don't build something that long and then want to walk away unless huge differences came up. That's what we say.
(edit: rewritten after the comment I responded to added a game changing comment at the top) PR? I mean... That's just not how I would describe what happened.
It was a PR nightmare. They tried to keep the family together. Divorces happen. Satya brought the kids on so they can get a new sandbox going asap.
Don't believe Twitter? Now there...we agree. I'll add... Don't belive hackernews either.
Most of the reporting I saw was pretty good. It just didn't pan out. They reported the board was optimistic. Not that it was a sure thing.
(edit: full comment rewrite due to edit by the commentor which completely changed the context)
Microsoft was already set to spent 27 billion usd on research for 2023. They dedicate huge standout double digit percentages of budget to research every year. Their in house AI research division was already huge.
They didn't become a major AI player overnight... They already were long ago.
OpenAI is small, in raw numbers of AI researchers, compared to the big players in the space. That's a major reason why it's so compelling that they have been able to consistently set the bar for state of the art.
They were a dream team... But small. Msft is adding AAA+ talent to their existing A+ deck. Also they won't have to rewrite the code base. Can hit the ground running.
Lastly, there is no evidence that openai has the greatly quoted and so hard to define 'agi'. That's Twitter hearsay and highly unlikely... If folkes can even agree what that is. By the overwhelming percentage of definitions... Even gpt-5 is unlikely to meet that bar. Highly speculative. Twitter is a cesspool of conspiracy theory... Don't believe everything you read.
I'm certain of this though... when Greg Brockman walked out the door, they lost a major piece of talent.
That guy was a true believer. His enthusiasm was infectious. It traveled across the video link... You could feel how passionate he was about the future of artificial intelligence and it's capacity to change humanity for the better.
I'm sure he'll throw himself at something very cool for the next run.