️ OpenAI flags Microsoft as key risk in pre-IPO document

A leaked draft of OpenAI’s pre-IPO materials describes Microsoft as a potential risk. It states that changes or termination of the partnership could negatively affect the business and financial results.

The shift comes as OpenAI signs a multi-year deal with Amazon, making AWS an exclusive third-party cloud distributor.

Microsoft is reportedly unhappy and sees the move as a possible breach of its Azure agreement. Legal action is being considered.

The partnership is moving from alignment toward tension.

@venture