When Satya Nadella first wrote a billion-dollar check to OpenAI back in 2019, even Bill Gates rolled his eyes. “Yeah, you’re going to burn this billion dollars,” he reportedly told Nadella. At the time, OpenAI was a quirky nonprofit chas...
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Subscribe30 OCT 2025 / FINANCE
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OpenAI, previously a nonprofit organization, has restructured into a for-profit entity, OpenAI Group PBC, following negotiations and regulatory scrutiny, reportedly transforming Microsoft's $13.75 billion investment into a $135 billion stake. In addition to increasing Microsoft's equity, the deal empowers OpenAI with the capability to issue equity, raise unlimited capital, and prepares for a potential IPO, a move that has raised Microsoft's market value beyond $4 trillion and altered power distribution in the AI industry.
When Satya Nadella first wrote a billion-dollar check to OpenAI back in 2019, even Bill Gates rolled his eyes. “Yeah, you’re going to burn this billion dollars,” he reportedly told Nadella. At the time, OpenAI was a quirky nonprofit chas...
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