FT News Briefing OpenAI’s long-awaited restructuring deal
67 snips
Oct 29, 2025 
Melissa Haikala, FT AI correspondent, details OpenAI's new for-profit structure aimed at enhancing fundraising and ensuring mission accountability. She highlights Microsoft's significant stake and its implications for AI development. William Sandland, FT Asia markets correspondent, reveals the surge in South Korea's stock market, driven by strong demand in the chip sector, particularly for companies like SK Hynix and Samsung. He also discusses investments in defense and shipbuilding, forecasting potential boosts from foreign inflows.
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New Hybrid Structure To Balance Mission And Money
- OpenAI created a for-profit OpenAI Group controlled by a non-profit OpenAI Foundation to attract large investments.
- The Foundation will hold the for-profit accountable to OpenAI's mission by hiring and firing board directors.
Microsoft Secures Long-Term Stake And IP Access
- Microsoft will receive a 27% stake and IP rights to OpenAI's models until 2032 and research until 2030.
- The deal secures Microsoft access while enabling OpenAI to raise further funding and scale its models.
Shift From Pure Research To Commercial Scale
- The restructuring lets OpenAI push frontier research while shifting toward commercial applied products meant to generate profits.
- That raises excitement about breakthroughs and concern about concentrated power and data use.