OpenAI completes restructure as for-profit company

semafor.com/article/10/28/2025/openai-completes-restructure-as-for-profit-company

OpenAI completed its conversion into a for-profit company on Tuesday, clearing a major obstacle for a potential initial public offering.
The long-awaited move — which pushed its partner Microsoft to a valuation above $4 trillion — follows a lengthy legal saga and brings a more traditional…

This story appeared on semafor.com, 2025-10-28 22:58:52.
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