OpenAI says nonprofit parent will own equity stake in company of over $100 billion
Microsoft Chairman and Chief Executive Officer Satya Nadella (L), speaks with OpenAI Chief Executive Officer Sam Altman, who joined by video during the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025.OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than 500 billion, said this structure will make the nonprofit "one of the most well-res ...