4min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

Microsoft's Thought Process for Investing in Open AI

A lot of that money that Microsoft puts into open AI goes right back to Microsoft since open AI is doing a lot of their training on Microsoft hardware. A lot of the products that get created are going to end up being distributed through Microsoft and so it's useful for them to know what the product road map is. And like, I don't know if you could exactly say that if Microsoft knowing what they know now would have been more than them to pay $1 billion directly to open AI just to be able to play around with GPT before it was widely released. The market is so dominated by outliers that you really don't want to lose your exposure to outliers, unless you were

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