Dylan Patel

They pulled back because Amy Hood and whoever else at Microsoft, maybe Sundar, whoever, were like, maybe we don't need to be on the hook for a $300 billion.

We're not going to build out $300 billion worth of compute for OpenAI.

Like that's, they can't pay for it.

At least had to go through their head when they cut back.

And so they paused a bunch of data centers.

They said, we don't need to be the exclusive compute provider.

You can go to Oracle.

It's fine.

And they relinquished this power.

Now, Oracle has that deal.

OpenAI sends like 20% of their revenue to Microsoft or API revenue or something like this.

And then Microsoft has this like 49% capped profit structure on OpenAI.

And then there's like this whole like IP sharing, like this deal.

It's like really hard to understand the mechanics of the OpenAI and Microsoft deal even.

So you have this whole power dynamic and they're trying to renegotiate this.

The whole deal is like, oh, when we have AGI, you no longer have IP rights.

And it's like, if you ask someone 20 years ago and you put them in front of Chad GPT, it's like, this is fucking AGI.

Like, it knows everything.

And it can have a conversation.

I can't tell it's not a human.