From the latest report in ft it seems more like msft has been taken advantage off. They don’t own anything, only some capped profits, and they can show msft the finger any time the board wants:
There are also signs of strain in the group’s relationship with Microsoft, which has committed $13bn to OpenAI and hitched its AI strategy to the start-up’s success. The companies are increasingly competing for customers, while Microsoft is building its own consumer AI team under Inflection founder Mustafa Suleyman and has designated OpenAI as a “competitor” in its annual report.
More:
How Microsoft spread its bets beyond OpenAI https://www.ft.com/content/7ca3a8a2-7660-4da3-a19e-1003e6cf45db
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