OpenAI Transitions to Public Benefit Corporation as Microsoft Secures 27% Stake in $135B Valuation
OpenAI, the artificial intelligence organization famed for creating ChatGPT, has shifted its corporate structure to a public benefit corporation. This strategic move is intended to provide the company with enhanced ability to attract investment while advancing its AI development goals. According to The Wall Street Journal, the restructuring grants Microsoft a 27% ownership interest in the newly formed entity, valuing OpenAI at approximately $135 billion. The partnership between the two tech giants has also been extended, ensuring that Microsoft retains privileged access to OpenAI’s core AI technologies for the next seven years. As part of this agreement, OpenAI has committed












