Microsoft CEO Satya Nadella testifies in OpenAI
CNBC Television
0:10 W EL CO ME B AC K.
0:10 M IC RO SO FT C EO SA TY A N AD EL LA T AK IN G T
0:13 HE S TA ND IN T HE M US K VE RS US A LT MA N T RI AL.
0:15 KA TE R OO NE Y HA S M OR E I N T OD AY 'S TE CH C HA T.
0:17 K AT E.
0:19 H EY T HE RE K EL LY.
0:20 S O S AT YA NA DE LL A I S O N T HE W IT NE SS S TA ND AS W E S PE AK.
0:23 HE H AS B EE N T RY IN G TH IS M OR NI NG
0:25 T O F RA ME M IC RO SO FT AS A N EU TR AL B
0:27 US IN ES S P AR TN ER IN T HI S E NT IR E
0:29 O PE NA I V ER SU S EL ON M US K L AW SU IT.
0:31 M IC RO SO FT I S A C O- DE FE ND AN T A ND D EN IE S AI DI NG W HA T
0:35 M US K S AY S IS OP EN AI 'S A LL EG ED B RE AC H OF CH AR IT AB LE T RU ST.
0:38 I T AL L G OE S BA CK, K EL LY, TO O PE NA I' S FO UN DI NG A S A N ON PR OF IT.
0:41 S O NA DE LL A D ID T AL K A BO UT T HE DE CI SI ON T O I NV ES T AB OU T$ 1
0:45 BI LL IO N IN O PE NA I A ND T O CO MP ET E W IT H G OO GL E A T T HE T IM E.
0:48 TH AT W AS T HE B IG I MP ET US F OR TH IS.
0:50 A CC OR DI NG T O N AD EL LA.
0:51 T HE MA JO R C HA LL EN GE H E TA LK S A BO UT IS C OM PU TI NG P OW ER.
0:54 I T' S S TI LL A TO PI C T OD AY, N AD EL LA S AY S.
0:56 TH AT P AR TN ER SH IP W AS A W IN W IN, BU T TH EY D ID H AV E T HE RE AL IZ
0:59 AT IO N A T ON E P OI NT T HA T BO TH S ID ES H AD T HI S R EA LI ZA TI ON.
1:02 I S HO UL D S AY T HA T IT W AS G OI NG TO R
1:04 EQ UI RE S IG NI FI CA NT C AP IT AL IN FU SI ON.
1:07 S TI LL, N AD EL LA S AI D TH AT T HI S W
1:08 AS I N S ER VI CE O F T HE NO NP RO FI T.
1:10 H IS U ND ER ST AN DI NG O F TH E TI ME H AS A LW AY S B EE N.
1:12 H E SA ID.
1:14 T HE N ON PR OF IT A PP RO VE D TH E CR EA TI ON O F A F OR P RO FI T EN
1:17 TI TY S O T HA T T HE Y CO UL D CO NT IN UE T O P UR SU E T HE M IS SI ON.
1:19 TH AT H AS B EE N S OM ET HI NG T HA T MU SK H AS P US HE D B AC K O N,
1:21 T HA T TH EY A BA ND ON ED T HE M IS SI ON, H E.
1:24 NA DE LL A RA TH ER A DD RE SS ES S AM AL TM AN 'S
1:26 F IR IN G BY T HE B OA RD A FE W Y EA RS A GO.
1:28 P OS SI BI LI TY O F AT O NE P OI NT H AV IN G SA M
1:30 A LT MA N AC TU AL LY J OI N M IC RO SO FT A S W EL L.
1:31 HE W EN T O N T O SA Y HE W AS P RE TT Y SU RP RI SE D AT T
1:34 HE T IM E W HE N S AM AL TM AN W AS F IR ED B Y T HE B OA RD,
1:37 AN D TH EN H E DI D N EE D TO M AK E SU RE T HA T
1:39 M IC RO SO FT 'S C US TO ME RS WE RE N OT A FF EC TE D.
1:41 H E S AI D TH AT TH EY W ER EN 'T A FF EC TE D A T TH E TI ME.
1:43 N AD EL LA T ES TI FI ED T HA T MU SK A LS
1:44 O N EV ER R EA CH ED O UT T O HI M A T
1:46 AN Y PO IN T TO E XP RE SS CO NC ER NS A BO
1:48 UT T HI S A ND T HE MI CR OS OF T D EA L.
1:49 M US K A LS O H AS NA DE LL A' S P HO NE N UM BE R, AC CO RD IN G TO T HE C EO,
1:52 IT D OE S SP EA K TO J US T HO W R EL IA NT OP EN AI A ND M
1:55 IC RO SO FT W ER E ON EA CH O TH ER I N T HE E AR LY D AY S,
1:57 BU T K EL LY, TH AT H AS C HA NG ED DR AM
1:59 AT IC AL LY A S W E S TA ND H ER E TO DA Y.
2:00 O PE NA I, O F CO UR SE, HA S TE AM ED U P WI TH A MA ZO N.
2:02 MI CR OS OF T H AS T EA ME D UP W IT H RI VA L A NT HR OP IC.
2:04 B OT H HA VE RE AL LY D IV ER SI FI ED A T TH IS PO IN T.
2:06 K EL LY.
2:07 I T HI NK W E J US T SA W GR EG BR OC KM AN W AL
2:09 KI NG I N BE HI ND Y OU TH ER E TO T HA T T RI AL.
2:11 T HE RE W AS S OM E H US TL E BE HI ND ME.
2:12 I D ID N' T WA NT T O LO OK A WA Y, BU T I.
2:14 I T HI NK T HA T' S RI GH T.
2:15 OK AY.
2:16 W E AL SO S AW W AL K I N, B UT I S AW S OM E C OM MO TI ON.
2:18 I S EE O PE NA I.
2:19 I S A B ET TE R VI EW T HA N I D O AT T HI S P OI NT.
2:22 T HA T IS T RU E.
2:23 I T' S UN FA IR.
2:23 BU T T HE Y' RE O N A SE PA RA TE N OT E, KA TE.
2:25 TH EY A RE L AU NC HI NG T HI S NE W DE PL OY ME NT C OM
2:27 PA NY T O TR Y TO G ET C LI EN TS T O US E A I MO RE.
2:29 IS T HA T A S IG N OF D ES PE RA TI ON?
2:31 IT 'S V ER Y WE LL F UN DE D.
2:33 V ER Y WE LL F UN DE D.
2:34 K EL LY S O IT 'S I NT ER ES TI NG.
2:35 A NT HR OP IC.
2:35 I ME NT IO NE D T HE R IV AL S A CT UA LL Y DO NE S OM ET HI NG D IF FE RE NT,
2:38 B UT IT D OE S SP EA K T O TH IS E FF OR T BY TH ES
2:40 E A I G IA NT S TO A CT UA LL Y G ET PR IV AT E E
2:42 QU IT Y C OM PA NI ES W IT H AL L OF T HE IR P OR TF
2:43 OL IO CO MP AN IE S T O D EP LO Y T HE IR TE CH NO LO GY.
2:46 SO W IT H T HE IR PO RT FO LI O C OM PA NI ES,
2:48 M EA NI NG TH EY W AN T T HE IR T EC HN OL OG Y T O BE
2:51 T HE O NE U SE D IN S OR T OF T HE OV ER AL L E CO NO MY.
2:53 B UT Y OU ME NT IO NE D I T' S WE LL F UN DE D.
2:55 IT 'S A$ 4 BI LL IO N I NV ES TM EN T BY YO U' VE G OT T PG,
2:57 Y OU 'V E GO T A LO T OF B IG P RI VA TE E QU IT Y F IR MS.
2:59 I T HI NK B AI N I S IN T HI S.
3:01 Y OU AL SO H AD G OL DM AN A S A P AR T OF TH IS W AL SH, C AR SO N, W AR BU RG,
3:05 PI NC US, W AR BU RG, P IN CU S A T ON OF B IG N AM ES B AC KI NG T HI S.
3:09 T HI S WA S N OT I N T HE R EL EA SE K EL LY
3:11 BU T IT L OO KS L IK E A CC OR DI NG T O AX IO S,
3:13 T HE RE 'S A LS O A M IN IM UM RE TU RN 1 7.
3:16 5% A LM OS T G UA RA NT EE