OpenAI's blockbuster deals with Nvidia and AMD add a new layer to its complicated ownership structure and will dilute existing shareholders like Microsoft (George Hammond/Financial Times)

George Hammond / Financial Times:
OpenAI's blockbuster deals with Nvidia and AMD add a new layer to its complicated ownership structure and will dilute existing shareholders like Microsoft  —  Microsoft, OpenAI's staff and non-profit arm are due close to 90% of start-up.  But Nvidia deal will dilute shareholders

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