Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Microsoft isn't selling any stock. It's using its cash.

And an increase in revenue isn't the point. Microsoft isn't doing this to try to bump its short-term stock price or anything -- investors know where revenue is coming from. Microsoft is doing it because it thinks OpenAI is a good investment and wants to make money with that investment and have greater control.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: