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I wonder if there's an outcome where Microsoft just _buys_ the for-profit LLC and gives OpenAi an endowment that will last them for 100 years if they just want to do academic research.


Why bother? They seem to be getting it all mostly for “free” at this point. Yeah, they are issuing shares in a non-MSFT sub entity to create on-paper replacement for people’s torched equity, but even that isn’t going to be nearly as expensive or dilutive as an outright acquisition at this point.




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