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Microsoft was blindsided by OpenAI's ouster of CEO Sam Altman (www.axios.com)

submitted 11 months ago by morrowind@lemmy.ml to c/technology@lemmy.world

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Satya just released a statement https://blogs.microsoft.com/blog/2023/11/17/a-statement-from-microsoft-chairman-and-ceo-satya-nadella/

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[-] tja@sh.itjust.works 14 points 11 months ago* (last edited 11 months ago)

Your starting point is wrong. Microsoft owns 49% of OpenAI, but the rest is owned by the OpenAI nonprofit, which is a different entity. So it's more A owns 49% in B. And C owns 51% in B.

This is the real structure

[-] TheBSGamer@lemmy.world 1 points 11 months ago

Thanks for the explanation. Was not aware it worked that way.

this post was submitted on 18 Nov 2023

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