The partnership itself was “a fairly big decision for us” because “to make the call we’d use some of the scare resources we had” on it. But Microsoft accepted the risk of investing in Open AI because Microsoft has a “core ethos as a platform and partner company,” he says. “So if you find partners you can create these win/win with, it’s great to make them longterm stable.”
He looks very nice. I am fully expecting his testimony to be the equivalent of a pair of pleated khaki pants.
Michael Wetter, the VP of corporate development at Microsoft, “We’ve recognized $9.5B of total revenue life to date” as of 9/8/2025. He notes there’s context: a $13B investment with OpenAI and Azure compute.
“I can’t get my head around why [Musk lawyer] Mr. Molo told me this was not a focus of the trial,” YGR says. “That’s what my ruling is based on.”
Last week, an expert witness testified about the 2025 recapitalization of OpenAI. OpenAI has said they’d like to include the AG’s conclusions, since the removal of the profit cap was mentioned. YGR is annoyed; she told Musk’s team not to go into detail, and OpenAI didn’t object at the time. “We’re in mud,” she just said. The problem is that Musk’s team is treating it as the crux of the “breach” Musk is alleging.
Which gets something like $2 billion from hospital operations, more than $1 billion in tuition, and an endowment of $16 billion, plus $2.2 billion in philanthropy. Does this mean that Columbia is deviating from its mission to educate kids and support research?
Like, yes, sure, he doesn’t understand AI, but we have lots of nonprofits, which are governed by the same set of laws. Sure, yes, he’s getting $1,500 per hour from Musk and that is probably a pretty penny — likely more than my annual salary — but also... who cares. I was not overwhelmed by Schizer’s testimony but this cross isn’t doing anything to knock it down for me.
because the jury is engaged in a fact-finding mission. Anyway, of a hypothetical, he says: “You don’t want to be known as a liar.” Evidently Schizer is unfamiliar with the current president of the United States.
He’s a professor of law and economics at Columbia Law School. He specializes in nonprofits, nonprofit taxation, and management. We are going through an exhaustive list of his qualifications.
Yes. The main thing I am taking away from McCauley’s and Toner’s testimony is that the board got really bad advice from whatever lawyers they consulted on the firing Altman thing. I mean, I hope they consulted lawyers. I don’t think that’s come up in the testimony.