Microsoft is in a complex business relationship with OpenAI, where the early investor gets access to the latest AI tech and OpenAI gets access to computing power. They have just reached a “non-binding memorandum of understanding (MOU) for the next phase of our partnership.” This could allow OpenAI to go for-profit, under the control of a non-profit entity said to retain an ownership stake of more than $100 billion. Many takes on this today, but OpenAI has been moving away from Microsoft for funding, operations and cloud computing lately. The final deal will likely include some kind of a new investment in the now $500 billion company, and may unlock further market opportunities for OpenAI.
More at: OpenAI and Microsoft’s joint statement, x.com announcement, Reuters, Axios.
OpenAI goes to the movies
A new animated a-list movie, «Critterz» is under development using «OpenAI’s resources.» It should be ready for the Cannes Film Festival, meaning production time will be drastically sped up to only nine months. The script is written by part of the team from «Paddington in Peru», and it is spearheaded by Chad Nelson, who is a creative specialist at OpenAI. The technique looks to be to feed drawings to a large language model and have it animate them. The movie therefore streamlines animation, but wont skimp on voice actors, Gizmodo writes.
More at: The Wall Street Journal, Gizmodo and Engadget.
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