Tried to delete this submission in place of it but too late.
They still run their own platform.
https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-o...
But if I own 49% of a company and that company has more hype than product, hasn't found its market yet but is valued at trillions?
I'm going to sell percentages of that to build my war chest for things that actually hit my bottom line.
The "moonshot" has for all intents and purposes been achieved based on the valuation, and at that valuation: OpenAI has to completely crush all competition... basically just to meet its current valuations.
It would be a really fiscally irresponsible move not to hedge your bets.
Not that it matters but we did something similar with the donated bitcoin on my project. When bitcoin hit a "new record high" we sold half. Then held the remainder until it hit a "new record high" again.
Sure, we could have 'maxxed profit!'; but ultimately it did its job, it was an effective donation/investment that had reasonably maximal returns.
(that said, I do not believe in crypto as an investment opportunity, it's merely the hand I was dealt by it being donated).
And Microsoft only paid $10B for that stake for the most recognizable name brand for AI around the world. They don't need to "hedge their bets" it's already a humongous win.
Why let Altman continue to call the shots and decrease Microsoft's ownership stake and ability to dictate how OpenAI helps Microsoft and not the other way around?
aurareturn•1h ago
Handy-Man•1h ago
bilbo0s•1h ago
Handy-Man•57m ago
HarHarVeryFunny•48m ago
Bear in mind that MSFT have rights to OpenAI IP (as well as owning ~30% of them). The only reason they were giving revenue share was in return for exclusivity.
deaux•13m ago