AGI marketing aside, at $100m/yr for 10 years in Azure credits, seems like a good deal for both. Azure gets some branding firepower to compete with Google (Brain, TF), AWS, IBM (Watson) on consulting and cloud sales. OpenAI gets compute budget and public marketing of $1B figure.
OpenAI
 @OpenAI
22 Jul 2019
.@Microsoft is investing $1 billion in and partnering with OpenAI to support us building beneficial AGI: openai.com/blog/microsoft/
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Replying to @soumithchintala
The NYT article is misleading here. We'll definitely spend the $1B within 5 years, and maybe much faster. It's also not Azure credits:
Greg Brockman
 @gdb
22 Jul 2019
Replying to @benedictevans
It's a cash investment into OpenAI LP. It uses a standard capital commitment structure, to be called as we need it. We're not disclosing the terms though.

Jul 22, 2019 · 2:45 PM UTC

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Replying to @gdb
thanks for your clarification. Without disclosing terms, I think there are a lot more unknowns -- like "Azure credits" -> $x / year in guaranteed Azure spend. But the more information you release about the terms, the less we'll speculate.
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Replying to @gdb @soumithchintala
maybe you should publicly release your terms to squelch the speculation?
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Replying to @gdb @soumithchintala
Sounds a little bit like an AI version of the Manhattan Project.
Replying to @gdb @soumithchintala
-- what does Microsoft gets out of it ?
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