Microsoft reportedly invested 13 billion dollars and has a generous profit sharing agreement. They don’t have enough to control OpenAI, but does that mean the company can actively steer away from profit?

> They don’t have enough to control OpenAI

Especially since the operating government effectively gives the nonprofit board full control.

> They don’t have enough to control OpenAI, but does that mean the company can actively steer away from profit?

Yes. Explicitly so. https://openai.com/our-structure and particularly https://images.openai.com/blob/142770fb-3df2-45d9-9ee3-7aa06...

Yes. Microsoft had to sign an operating agreement when they invested that said the company has no responsibility or obligation to turn a profit. LLCs are able to structure themselves in such a way that their primary duty is not towards their shareholders.

https://openai.com/our-structure - check out the pinkish-purpleish box. Every investor and employee in the for-profit has to agree to this as a condition of their investment/employment.

Just the pure chutzpah to say

> with the understanding that it may be difficult to know what role money will play in a post-AGI world

They have something in writing. OpenAI created a for-profit joint venture company with microsoft, and gave it license to its technology.

Exclusive license?

No clue, but I guess not.