Posted 12/22/2023, 7:00:00 PM
Microsoft Gains OpenAI Access with Billions Invested, Avoiding Acquisition Scrutiny
- Microsoft invested $1B in OpenAI in 2019, binding it to Azure cloud which enabled OpenAI's AI development
- Earlier this year Microsoft invested $10B more in OpenAI for exclusive access to its AI
- OpenAI board tried to oust CEO Sam Altman; Altman was reinstated and Microsoft gained board seat
- Microsoft avoided acquisition scrutiny and gained IP rights without needing to hire OpenAI staff
- U.S. government needs to step in to reverse momentum pushing AI into walled gardens before it's too late