Let me sum it up here:
www.cnbc.com
- Microsoft owned 49% of OpenAI and invested a few billion dollars.
- However they had zero control of the company, making the investment look dodgy
- Then, in one on the most significant business blunders in history.... The OpenAI board gave Microsoft a gift.
- The OpeanAI CEO, and 670 loyal employees who will follow their CEO. (670 of the 770 employees want to follow their CEO)
- Microsoft now has OpenAI in-house for $0 incremental OpenAI investment.
![www.cnbc.com](/proxy.php?image=https%3A%2F%2Fimage.cnbcfm.com%2Fapi%2Fv1%2Fimage%2F107319103-1697629813864-gettyimages-1730510468-AFP_33YK48C.jpeg%3Fv%3D1700488828%26w%3D1920%26h%3D1080&hash=81dffaa8bee6549956f109cbcaac7592&return_error=1)
Hundreds of OpenAI employees threaten to follow Altman to Microsoft unless board resigns
Hundreds of OpenAI employees have signed a letter demanding the board resign or face an employee exodus to Altman's new venture at Microsoft.