Microsoft's partnership with OpenAI could mean billions of dollars a year in new revenue, but the investment structure is complicated.
, says it could all add up to over $30 billion in new annual revenue for Microsoft, with roughly half coming from Azure."It's so good that I have investors asking me how they pulled it off, or why OpenAI would even do this," Turrin said in an interview.OpenAI was founded in 2015 as a nonprofit. The structure changed in 2019, when two top executives published aannouncing the formation of a "capped-profit" entity called OpenAI LP.
that, for investors, the system "feels commensurate with what they could make investing in a pretty successful startup ." , who was one of OpenAI's founders and early backers. Several times this year, Musk has tweeted his concerns about OpenAI's unconventional structure and its implications for AI, particularly given Microsoft's level of ownership.OpenAI was created as an open source , non-profit company to serve as a counterweight to Google, but now it has become a closed source, maximum-profit company effectively controlled by Microsoft," Musk tweeted in February.
Aside from its investment, leaning on OpenAI has the potential to help Microsoft dramatically reverse its fortunes in AI, where it's stumbled publicly and didn't build a meaningful business on its own. Microsoft pulled the Clippy assistant from Word, Cortana from the Windows taskbar and its Tay chatbot from Twitter.
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