Microsoft Finalizes 27% Stake in OpenAI
OpenAI has completed its transformation from a non-profit to a for-profit model, marking a significant shift in its governance and operations.
This restructuring allows OpenAI to access more capital, redefine its governance, and potentially pursue an initial public offering (IPO).
The move enables OpenAI to raise the massive capital needed to support its growing ambitions in artificial intelligence and data infrastructure.
- Microsoft retains a 27% ownership stake in OpenAI, valued at approximately $135 billion.
- Microsoft will continue to access OpenAI's AI models and technologies through 2032.
Author's summary: Microsoft finalizes stake in OpenAI's for-profit transformation.