OpenAI Completes Shift To Becoming For-Profit: What Does This Mean?
Published on: Oct. 29, 2025, 3:32 p.m. | Source: NDTV Profit
OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year to negotiate, the company said in a blog post on Tuesday. This move removes a major uncertainty for both companies and clears the path for the ChatGPT maker to become a for-profit business.
