Nadella disputes Musk's claim that Microsoft controls OpenAI
Microsoft CEO Satya Nadella said it is "factually not correct" to claim that Microsoft controls its partner OpenAI, in an excerpt of a pre-taped interview with CNBC's Andrew Ross Sorkin airing Tuesday.
Nadella's remarks came after Elon Musk — the CEO of Tesla , Twitter and SpaceX, who also co-founded OpenAI — had claimed in an interview with Tucker Carlson in April that "Microsoft has a very strong say, if not directly controls, OpenAI at this point." Musk has been a vocal critic of recent advancements in artificial intelligence, and he was one of more than 27,000 people to sign an open letter in March that called on AI labs to pause development.
"Look, while I have a lot of respect for Elon and all that he does, I'd just say that's factually not correct," Nadella said. "OpenAI is very grounded in their mission of being controlled by a nonprofit board. We have a noncontrolling interest in it, we have a great commercial partnership in it."
ChatGPT-maker OpenAI was founded in 2015 as a nonprofit. The structure changed in 2019, when two top executives published a blog post announcing the formation of a "capped-profit" entity called OpenAI LP. The current setup restricts the startup's first investors from making more than 100 times their money, with lower returns for later investors, such as Microsoft.
Source: CNBC
