OpenAI has completed its restructuring, and Microsoft has reached a market capitalization of 4 trillion dollars. A new non-profit foundation will hold stakes in OpenAI.

OpenAI has announced the completion of a significant restructuring, which has propelled Microsoft’s market capitalization to 4 trillion dollars. This restructuring includes the establishment of a non-profit entity, OpenAI Foundation, which will hold shares in the company. Microsoft, which initially invested 1 billion dollars in OpenAI in 2019, now holds an estimated 27% stake, valued at approximately 135 billion dollars. The announcement led to a 4% increase in Microsoft shares at the opening of the New York market.

Bret Taylor, the president of OpenAI, emphasized that this recapitalization will enable the expansion of research in the field of artificial intelligence. The restructuring paves the way for a possible public listing of OpenAI, benefiting investors such as SoftBank and Nvidia. Microsoft retains intellectual property rights over OpenAI products until 2032, including models that could achieve artificial general intelligence (AGI). Founded in 2015, OpenAI has become a leader in the AI field, with 800 million weekly users. The new foundation will initially focus on funding medical research and developing solutions for AI safety.