4min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E111: Microsoft to invest $10B in OpenAI, generative AI hype, America's over-classification problem

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Open AI Is a Nonprofit AI Research Company

Open AI was started as a nonprofit The stated philosophy was this technology is too powerful for any company to own Therefore, we're going to make it open source. But then somewhere in the last couple years They said well, you know what actually it's too powerful for it to be out there in the public and so they decided to buy DeepMind from Google. Jason: Open AI has kind of diverged into this deeply profitable profit-seeking Kind of enterprise model when you invest in open AI In the round that they did before You could generate a financial return capped at a hundred X which is still a pretty amazing financial return.

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