Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.
Opening excerpt (first ~120 words) tap to expand
Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised OpenAI partnership would impact Microsoft’s financials. He said that the new agreement was a good deal for everyone. “We feel good about our partnership with OpenAI. I’m always very focused on any partnership and ensuring that there’s a win-win construct at all times. I mean, that’s how you can remain good partners.” He underscored that Microsoft has retained its access to OpenAI’s intellectual property — including its models and agent products — but that it no longer has to pay OpenAI for them.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.