OpenAI restructures as public benefit corporation, Microsoft secures 27% stake

OpenAI, the developer of ChatGPT, has restructured its organization into a public benefit corporation to gain flexibility in raising capital for its expanding AI ambitions. This move formalizes its relationship with Microsoft, which secures a 27% stake in the new entity, valued around $135 billion, and extends its access to OpenAI's core technologies for seven years. In return, OpenAI has committed to spending $250 billion on Microsoft's Azure cloud services over the partnership's duration. While this structure allows OpenAI to remain for-profit, raise capital, and generate investor returns, it does not address criticisms from figures like Elon Musk, who argue the company has strayed from its original nonprofit mission. Separately, the article notes that ChatGPT remains highly popular, but in AI-powered crypto trading simulations, models like X's Grok and DeepSeek have recently outperformed ChatGPT and Google's Gemini.

(Source：Cointelegraph)