this post was submitted on 11 Jun 2026
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[–] IcePee@lemmy.beru.co 1 points 2 days ago

In that case they would be locking down their subsidiary even further to just one client. I guess it all comes down to the plausibility of their argument for making this investment, rather than, say increasing dividends or ploughing that money back into other investments for the business. I guess they were able to justify the OpenAI investment along these lines. If I could hazard a guess, it would be something along the lines of:

This is a new market. We need to get in at the ground floor.

I suspect, OpenAI presented itself as a turn key solution to get a foothold in this brave new world and maybe steal a march on Google.