OpenAI has completed its transformation into a for-profit public benefit corporation, marking a shift from its non-profit roots to a profit-driven model.
This restructuring unlocks capital access, redefines governance, and paves the way for a potential IPO, allowing OpenAI to raise massive capital to support its growing ambitions in artificial intelligence and data infrastructure.
Microsoft will retain a 27% ownership stake in OpenAI, valued at approximately $135 billion, and continue to access its AI models and technologies through 2032.
Author's summary: Microsoft acquires 27% stake in OpenAI.