Sunday, 14 September, 2025
OpenAI Nonprofit to Hold $100B+ Stake in Public-Benefit Corporation
OpenAI reaffirmed that it remains a nonprofit, with its nonprofit arm maintaining governing control over a newly formed Public Benefit Corporation (PBC). As part of its restructuring—outlined in a non-binding MOU with Microsoft—the nonprofit will hold an equity stake exceeding $100 billion in the PBC. The move aims to raise capital while ensuring AGI safety and mission integrity.
Read full story at Open AI