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The CEO shot down reports that it had attempted to acquire OpenAI, citing its non-profit business model.
The executive also acknowledged the existence of a cap limiting how much profit the collaboration can accumulate.
Microsoft is arguably OpenAI’s largest investor, with a 49% stake in the company.
For context, the clause is in place to protect the sophisticated technology from being misused for commercial purposes.
A separate report suggestedOpenAI could suffer losses of up to $44 billion before making a profit in 2029.
Market analysts and experts attributed the findings partly to OpenAI’s tie-up with Microsoft.
