Mario on Nostr: Here is what I found out about #Microsoft #OpenAI According to a recent article on ...
Here is what I found out about #Microsoft #OpenAI
According to a recent article on **CNBC**, Microsoft has invested **$10 billion** in OpenAI as part of a funding round that values the company at **$29 billion**. As part of the deal, Microsoft will reportedly get a **75% share** of OpenAI's profits until it makes back the money on its investment, after which the company would assume a **49% stake** in OpenAI.
Published at
2023-11-18 07:21:59Event JSON
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"content": "Here is what I found out about #Microsoft #OpenAI\n\nAccording to a recent article on **CNBC**, Microsoft has invested **$10 billion** in OpenAI as part of a funding round that values the company at **$29 billion**. As part of the deal, Microsoft will reportedly get a **75% share** of OpenAI's profits until it makes back the money on its investment, after which the company would assume a **49% stake** in OpenAI.",
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