News

OpenAI completes restructure, solidifying Microsoft as a major shareholder

Published

on

OpenAI CEO Sam Altman speaks to media following a Q&A at the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025.

Shelby Tauber | Reuters

OpenAI on Tuesday announced it has completed its recapitalization, cementing its structure as a nonprofit with a controlling stake in its for-profit business.

The artificial intelligence startup said its nonprofit is now called the OpenAI Foundation, and it holds an equity stake worth about $130 billion in its for-profit arm. OpenAI said its for-profit arm is now a public benefit corporation, called OpenAI Group PBC.

This is breaking news. Please refresh for updates.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version