[javawizard]

I'm actually curious, how do we know for a fact that this is the case?

[DANmode]

Could you elaborate?

Do you mean to say they’ll never take the payment?

[Thrymr]

What are the terms? It is not at all clear from the announcement. "part of this three-year licensing agreement", it _could_ mean the license cost is $1 billion, which Disney in turn invests in OpenAI in return for equity, and they're calling it "investment" (that's what's hypothesized above, but I don't think we know). Disney surely gets something for the license other than the privilege of buying $1 billion in OpenAI stock at their most recent valuation price.