Microsoft's OpenAI Dealings Lack Investor Transparency

Imagine Microsoft is like a big piggy bank that invests in other companies.

One company it invested in is OpenAI, which makes the ChatGPT.

When a company invests in another, it has to tell everyone exactly how much money is involved and how it affects its own piggy bank.

Microsoft is saying its investment in OpenAI is like owning a big chunk of it.

But when Microsoft tells its own piggy bank investors about this deal, it's not sharing all the details.

It mentions some losses and that OpenAI will buy a lot of computer services from Microsoft.

However, it doesn't fully explain how these deals change its own money numbers.

Investors think this is important because the OpenAI deal is worth a lot of money and helps Microsoft become more valuable.

They want to know if the deal is fair and how it truly impacts Microsoft's money.