
Microsoftâs Nadella Reveals WindowsâŊCreator Gates Warned Early AI Investment in OpenAI Could Be Like BurningâŊ$1âŊB
âĒBy ADMIN
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In a recent interview, Satya Nadella disclosed that his predecessor, Bill Gates, was skeptical about OpenAI back in 2019. When Microsoft made its initial $1âŊbillion investment in the startup, Gates reportedly told Nadella it might be âlike burning this billion dollars.â
Microsoft went on to invest over $13âŊbillion in OpenAI. Nadella reflected that at the time, the decision carried high risk â even within Microsoft: âEven at Microsoft, you kind of got to have to get a board approval to just go throw a billion dollars out thereâĶ it was not that hard to convince anyone that this is an important area and itâs going to be risky.â
In retrospect, what once seemed highârisk has become perhaps one of the tech bets of the decade â with OpenAI reaching hundreds of millions of users and Microsoft holding roughly a 27âŊ% stake in its forâprofit arm.
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