Not entirely accurate. They don’t own 49% yet [0].
Microsoft invested $10B, and get 75% of OpenAI’s profits until they receive $10B and _then_ they get their 49% stock certificate.
[0] https://www.semafor.com/article/01/09/2023/microsoft-eyes-10...
Microsoft invested $10B, and get 75% of OpenAI’s profits until they receive $10B and _then_ they get their 49% stock certificate.
[0] https://www.semafor.com/article/01/09/2023/microsoft-eyes-10...