OpenAI’s Half-Trillion Restructuring Hands Microsoft a $135 B Stake – and Revs Up the ‘AGI Arms Race’
OpenAI Restructures at $500 B: Nonprofit Control Meets For-Profit Ambition In a milestone moment for the AI industry, OpenAI has officially restructured itself to unite a half-trillion-dollar for-profit business with its original nonprofit mission. The company announced on Oct. 28 that it “completed its recapitalization, simplifying its corporate structure”, with the nonprofit arm retaining control over the newly created OpenAI Group PBC (Public Benefit Corporation) openai.com economictimes.indiatimes.com. Under this novel setup, the OpenAI Foundation (nonprofit) holds a 26% stake valued around $130 billion and can appoint all board directors, effectively steering the ship medium.com medium.com. Meanwhile, investors and employees own roughly 47%, and
