PANews reported on October 28th that OpenAI officially announced the completion of its capital restructuring. The nonprofit OpenAI organization has been renamed the "OpenAI Foundation," which holds shares in its for-profit subsidiary, OpenAI Group PBC. The foundation is currently valued at approximately $130 billion, making it one of the most well-resourced charitable foundations in history. The foundation will initially invest $25 billion in healthcare and AI resilience, continuing to advance its original mission of "AI for the benefit of all humanity."PANews reported on October 28th that OpenAI officially announced the completion of its capital restructuring. The nonprofit OpenAI organization has been renamed the "OpenAI Foundation," which holds shares in its for-profit subsidiary, OpenAI Group PBC. The foundation is currently valued at approximately $130 billion, making it one of the most well-resourced charitable foundations in history. The foundation will initially invest $25 billion in healthcare and AI resilience, continuing to advance its original mission of "AI for the benefit of all humanity."
OpenAI completes restructuring, nonprofit foundation stake valued at $130 billion
2025/10/28 21:06
PANews reported on October 28th that OpenAI officially announced the completion of its capital restructuring. The nonprofit OpenAI organization has been renamed the "OpenAI Foundation," which holds shares in its for-profit subsidiary, OpenAI Group PBC. The foundation is currently valued at approximately $130 billion, making it one of the most well-resourced charitable foundations in history. The foundation will initially invest $25 billion in healthcare and AI resilience, continuing to advance its original mission of "AI for the benefit of all humanity."
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