Microsoft Has an OpenAI Problem

In pure organizational terms, OpenAI is a weird entity. It started as a nonprofit, raising more than $100 million dollars to spend on foundational AI research, before morphing into a “capped profit” corporation governed by a nonprofit and “legally bound” to pursue the nonprofit’s mission. In 2015, that mission was ” to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.” In 2024...