ai
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Key takeaways
- Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised Open AI partnership would impact Microsoft s financials.
- He said that the new agreement was a good deal for everyone.
- He underscored that Microsoft has retained its access to Open AI s intellectual property including its models and agent products but that it no longer has to pay OpenAI for them.
Why this matters: a development in AI with implications for how people work, create, and decide.
Microsoft CEO Satya Nadella was asked point-blank by a Wall Street analyst on Wednesday how its revised Open AI partnership would impact Microsoft s financials.
He said that the new agreement was a good deal for everyone. We feel good about our partnership with Open AI. I m always very focused on any partnership and ensuring that there s a win-win construct at all times. I mean, that s how you can remain good partners.
He underscored that Microsoft has retained its access to Open AI s intellectual property including its models and agent products but that it no longer has to pay OpenAI for them.
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