IIRC, the pitch was AGI would allow OpenAI to print money by replacing humans in any industry and siphoning whatever was being spent on payroll for pennies on the dollar.

In reality, it's going to be enterprise and ads.

If you can produce cutting edge AI tech, the opportunity cost is just too high to spend $1B on already established companies. Such acquisitions basically say that OpenAI can’t find a project worthy of $1B of compute and exceptional AI researchers either because there is nothing innovative they believe they can come up with or because anything innovative will be commoditized and produce little returns.

This is it. Does OpenAI have consumer DNA or enterprise DNA? It is very difficult to have both.