“Capped profit” wasn’t an issue, even when Microsoft got involved.

Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI Musk is still describing how his feelings about OpenAI shifted slowly. He says he wasn’t initially bothered by a deal with Microsoft. His understanding was that “Microsoft had agreed to be involved in a capped-profit way … to essentially provide some funding and compute” — but he describes a capped profit structure as still something that would put nonprofit interests first. He says he understood that the deal “would dissolve upon the discovery of AGI … which I thought was probably okay.” Did Microsoft contribute a large sum? “It depends on your definition of large but it wasn’t trivial.” A free daily digest of the news that matters most.