I dunno, I think they like the plausible deniability and monopoly regulation shielding that comes from investing in but not owning OpenAI. I think they’ll absolutely find ways to exert more and more control, and once there are reasonable competitors they might snap it up, but for the time being they probably find the distance beneficial.
There is no benefit to microsoft to have distance, they want to own it. Owning it creates shareholder value which is all Microsoft care about. If they wanted to make products using it, they could pay for it like everyone else.
But they chose to make moves and exert control. They know they can’t own it today because of the complex arrangement of openai. they know they can own it outright tomorrow with enough small changes (like getting on the board for one)
