‘You’ll burn a billion’: Bill Gates warned Microsoft on OpenAI bet; CEO Nadella reveals
Microsoft CEO Satya Nadella revealed Bill Gates initially cautioned against investing in OpenAI, fearing the $1 billion initial investment would be lost. Despite the risk, Microsoft proceeded, now having funded OpenAI with over $13 billion. This investment has been pivotal, especially following the success of ChatGPT and a recent restructuring of OpenAI into a public benefit corporation.
Microsoft CEO Satya Nadella revealed Bill Gates initially cautioned against investing in OpenAI, fearing the $1 billion initial investment would be lost. Despite the risk, Microsoft proceeded, now having funded OpenAI with over $13 billion. This investment has been pivotal, especially following the success of ChatGPT and a recent restructuring of OpenAI into a public benefit corporation.
