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Microsoft CEO Satya Nadella (R) greets OpenAI CEO Sam Altman during the OpenAI DevDay event
(Justin Sullivan/Getty Images)

Emails show Microsoft wasn’t impressed by OpenAI’s early work, but wanted to keep it from Amazon

OpenAI wanted further Azure computing discounts, but Microsoft didn’t think it was on the verge of a breakthrough.

The Musk v. Altman trial has revealed that key executives at Microsoft doubted OpenAI’s ability to deliver immediate breakthroughs, giving us a look into how the software behemoth viewed the AI upstart in its earliest days.

An email thread released yesterday as evidence from the trial unfolding in Oakland showed execs’ skepticism as they weighed massive further investments in the company. The thread — spanning August 2017 through January 2018 — included a large group of Microsoft executives, including CEO Satya Nadella, CFO Amy Hood, and at least one executive on vacation with his family in Antarctica. It shines some light on the internal debate surrounding a request from OpenAI CEO Sam Altman to offer up huge discounts for Azure AI computing resources, worth hundreds of millions of dollars.

Years before ChatGPT made its debut, OpenAI was expending significant resources working on an AI model that could beat competitive esports players in the video game “Dota 2.”

Microsoft had given OpenAI a huge discount on Azure computing for the project starting in 2016, in which OpenAI paid Microsoft $10 million for $60 million worth of computing. Altman emailed Nadella in August 2017 and said they needed a lot more:

“I think it will lead to major new breakthroughs in Al but will require huge amounts of compute, probably something like $300MM at Azure list prices. We could figure out how to fund some of it but not that much.”

Altman pitched a joint team to continue the work on “Dota 2,” with the new goal of competing in a match with two five-player teams. The Microsoft executives noted now fast the OpenAI team blew through their discounted computing, and cast doubt on whether the company was close to a breakthrough.

Nadella wrote on the group:

“Overall I can’t tell what research they are doing and how if shared with us it could help us get ahead. From what Elon is telling everyone... he feels Open Al is at verge of some big AGI breakthroughs. I know they are working t o push some NPU designs etc. They clearly are pushing Al at a level none of our first party or third parties are.”

Microsoft executive Harry Shum wrote:

“I visited OpenAl about a year ago, and was not able to see any immediate breakthrough in AGI.”

The executives thought the work was promising, but OpenAI was just using their GPUs in the cloud, and Microsoft wasn’t getting any access to the underlaying technology, nor any huge public relations benefit from the partnership.

But the group was worried that if Microsoft didn’t continue supporting the scrappy Elon Musk-backed startup, it might push them into the hands of their competitors — like Amazon.

Microsoft executive Eric Horvitz wrote:

“My worst case scenario is having them ditch Azure for AWS, as Kevin says bad-mouth then land with some big new innovation that is shared with our competition.”

Less than five years after that email, OpenAI would release ChatGPT, and Microsoft would invest billions in the company.

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Wedbush’s Dan Ives raises Apple price target to $400 on $15 billion AI services opportunity

Apple may not have a frontier AI model or a fully functional AI assistant, but that won’t stop the company from throwing its weight around in the “AI revolution,” according to Wedbush Securities analyst Dan Ives. That’s enough for Ives to raise his price target for Apple shares to $400 from $350.

Underpinning that jump is what Ives sees as a $15 billion annual revenue opportunity for Apple in AI services from monetizing other companies’ models by distributing them to its 2.5 billion iOS users. Ives estimates that in the coming years, roughly 20% of the world’s population will access AI through an Apple device, calling it the “consumer hub of AI.”

That new era, Ives expects, will officially kick off at Apple’s developer conference in June, where he expects Apple to “finally unveil its AI strategy.”

tech

Tesla’s Model Y just cleared a new federal safety bar

The National Highway Traffic Safety Administration announced today that Tesla Model Ys manufactured after November 12 were the first to pass the agency’s new advanced driver assistance system tests, which are now part of the New Car Assessment Program. According to NHTSA, Tesla tested the 2026 Model Y and submitted the test results to the organization for review.

“By successfully passing these new tests, the 2026 Tesla Model Y demonstrates the lifesaving potential of driver assistance technologies and sets a high bar for the industry,” NHTSA Administrator Jonathan Morrison wrote in the press release. “We hope to see many more manufacturers develop vehicles that can meet these requirements.”

The new tests include:

  • Pedestrian automatic emergency braking

  • Lane-keeping assistance

  • Blind spot warning

  • Blind spot intervention

The milestone offers Tesla highly coveted regulatory validation, as it seeks to spur usage of its Full Self-Driving (Supervised) tech.

80x

We knew Claude Code was driving crazy growth at Anthropic, but it may be much more than the company is expecting.

Speaking at the company’s developer conference yesterday, Anthropic CEO Dario Amodei said that while the company is planning for 10x growth this year, it could be as much as 80x, calling the overwhelming demand “crazy” and that he looked forward to more modest growth, saying such growth is “too hard to handle.”

The demand is so great that Anthropic partnered with Elon Musk’s xAI to buy up the bulk of computing from his Colossus data center in Tennessee.

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Tesla’s made-in-China vehicle sales jumped 36% in April

Tesla’s sales of made-in-China vehicles — sold across China, Europe, and other international markets — rose 36% year over year to 79,478 units in April. The increase marks the sixth straight month of annual growth in sales of vehicles made in the worlds largest manufacturing economy, suggesting the EV maker’s overseas business may be stabilizing after a difficult stretch.

That said, China wholesale deliveries fell from March, even as overall new energy vehicle sales rose 7% during the period.

Later this month, the China Passenger Car Association will report China-only sales, offering a clearer picture of performance in Tesla’s second-largest market.

Later this month, the China Passenger Car Association will report China-only sales, offering a clearer picture of performance in Tesla’s second-largest market.

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