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Column: OpenAI's board had safety concerns. Big Tech obliterated them in 48 hours (www.latimes.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 16 points 1 year ago (2 children)

Yes, but at the cost of freaking out Microsoft's customers who woke up Saturday wondering if the AI they use in their apps or the Copilot they've come to rely on in their work is going to still be there on Monday. Also, Microsoft's stock nose dived on Friday because the OpenAI board didn't have the foresight to fuck up after markets closed. I'm the meantime, Anthropic has been fielding calls from OpenAI/Microsoft customers like Snap looking to switch to get some stability, so much so that Amazon Web Services has set up a whole team to help Anthropic manage the crush of interest.

So yeah, maybe Microsoft comes out of this having acquires OpenAI for free. But not before shaking customer and investor confidence by being partnered with and betting the future of your company on a startup that it turns out was being run by impulsive teenagers. I highly doubt Microsoft made this move, but they are definitely making lemonade out of the lemons the self aggrandizing EA board threw at them.

[–] [email protected] 10 points 1 year ago (1 children)

Were you unaware that M$ has the highest stock valuation they have ever had as a result of this?

[–] [email protected] 1 points 1 year ago

They had that valuation before Friday when this all started, and it didn't shift over the weekend because it couldn't.

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

This is not true, the stock price is slightly higher than it was Friday.