Fortune

Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’

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Microsoft CEO Satya Nadella revealed that Bill Gates warned him Microsoft's billion-dollar investment in OpenAI would fail, saying "you're just going to burn this billion dollars." Despite Gates' skepticism, Nadella found it wasn't difficult to convince stakeholders to pursue the risky bet, which ultimately proved transformative for the company's AI strategy.