OpenAI has finalised its recapitalisation, confirming a structure where the nonprofit OpenAI Foundation controls its for-profit arm, OpenAI Group PBC, valued at around $500 billion. The Foundation now holds a 26% stake, worth $130 billion, while employees, investors, and Microsoft hold the rest.
Microsoft’s 27% stake, valued at $135 billion, accompanies a new agreement for OpenAI to purchase $250 billion in Azure services, though Microsoft loses its exclusive compute rights.
The Foundation will invest $25 billion in health and AI resilience projects, and both companies can now pursue Artificial General Intelligence independently under updated partnership terms.