OpenAI’s deal with Microsoft could pave the way for a potential IPO
Openai’s path to the potential public subscription may be more clear. The artificial intelligence company said on Thursday that it had reached an initial agreement with the main investor Microsoft that could allow the start of restructuring, and in the end, it was publicly put forward.
Both companies signed a non -binding note that determines the “next stage” of their relationship, with an expected final agreement in the coming months. The advertisement was light on the details; The printing of a fine has not been revealed, and companies said they are still ending the contractual conditions.
“Together, we are still focusing on providing the best tools of artificial intelligence for all, on the basis of our common commitment to safety,” companies said in a statement on Thursday.
However, it appears that the deal is dealing with structural and competitive friction that has complicated the relationship between Openai and its largest investor, which paves the way for the start of $ 500 billion to turn its arm to profit into a general interest company (PBC).
Unusual Openai structure. It was originally founded without profitability, created a profit arm in 2019, which allowed large investments such as Microsoft. The company is trying to restructure its entity, which focuses on profit in a more traditional model for companies to allow it to increase the additional capital, while leaving the non -profit parent controlling startups. Transfer to a more traditional structure, such as the General Avenues Company, can allow the company to combine the goals of its general mission with profit generation and may be publicly displayed in the future.
SAM Altman CEO is well aware that speculators want to see Openai Float on the stock exchange. He told CNBC last month that he had “very conflicting” feelings about the possible public subscription, explaining: “Whenever we were exposed to the public, if we advance at all, I think there will be a huge side of the left in front of the company, but I can still be people soon that they are soon.
Microsoft has been an early investor in Openai, and it has invested cumulating at least $ 13 billion in AI since 2019. In contrast, the technology giant received a share of revenue from Openai products, including ChatGPT, the company’s technology has merged into Microsoft 365 products. However, according to what was reported, the partnership became tense with Both companies expand the scope of the aspirations of artificial intelligence.
Microsoft is now Openai as a competitor and increases its dependence on its artificial intelligence models. Openai has also extended millions of dollars with a cloud deal with Oracle to ensure that it has sufficient mathematical capacity, which may reduce its dependence on the cloud support from Microsoft.
Investors received the deal well news, as Microsoft shares increased by 2.4 % in trading after hours after the announcement.
When they are asked for more details about the agreement, Microsoft and Openai representatives referred luck To the joint statement of companies.
Organization barriers
However, the transition still needs to be cleared by state organizers.
California and Dillauer’s lawyer already examines Openai’s restructuring. Organizers wonder whether Openai has moved away from its original mission between the general benefit in favor of commercial growth-repeated suicide cases associated with the problem Chatgpt have complicated the problem. Investigations in lawsuits or large settlement demands can be crowned as conditions for moving forward. Elon Musk, one of the Openai founders, also combated restructuring plans and filed a lawsuit accusing the start -up company.
In a blog post also participated on Thursday, the Chairman of the Openai Bret Taylor Board of Directors confirmed that non -profit Openai will continue to control the start -up operations and will receive a share in the new PBC, which is worth more than $ 100 billion. He said this will make non -profit organizations “one of the most charitable organizations in the world.”
Taylor wrote in The Post: “The PBC Charter will perform that safety decisions must always be guided by this task. We continue to work with California and Dilayer lawyers as an important part of strengthening our approach, and we continue to learn and act with urgency to ensure that our tools are useful and safe for everyone, as they progress in safety as the first stomach.”
He also said that as part of this next stage, the company’s non -profit company began to think about the first wave requests of the $ 50 million grant initiative, which aims to support non -profit and societal organizations in the fields of literacy, Amnesty International, community innovation and economic opportunity.
2025-09-12 15:53:00
