Microsoft must have some say in how their $10B investment is used lol.
In general, the way these work is in stages. It’s not like an investor hands over the full wad of cash in one go. It’s done in stages. Milestones are laid out and as each one is met they get the next installment of money. So investors have a lot of say about about it.
Maybe MSFT will put Sam in charge of managing the Open AI relationship. Microsoft must have some say in how their $10B investment is used lol.
In general, the way these work is in stages. It’s not like an investor hands over the full wad of cash in one go. It’s done in stages. Milestones are laid out and as each one is met they get the next installment of money. So investors have a lot of say about about it.