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OpenAI completes recapitalisation; non-profit foundation keeps control of a PBC

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Source: OpenAI

OpenAI completed its recapitalisation: the non-profit, renamed the OpenAI Foundation, controls the for-profit, now a public benefit corporation called OpenAI Group PBC, and holds equity valued at about $130 billion. The Foundation said it will initially focus on a $25 billion commitment to health and curing diseases and to technical solutions for AI resilience.

Why it matters

OpenAI’s for-profit now operates as a public benefit corporation under non-profit control, and the non-profit holds a stake OpenAI valued at about $130bn.

When
28 Oct 2025
ID
WTA-N-2025-0189
Who
OpenAI, OpenAI Foundation; Bret Taylor

Summary by wheresthe.ai, from OpenAI. Checked against the source on 9 Oct 2026.

Read the original at OpenAI

Source copy: download the page text as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: What happened nextOpenAI targets an automated research intern by September 2026 and an AI researcher by 2028

Cite this story

WTA-N-2025-0189: “OpenAI completes recapitalisation; non-profit foundation keeps control of a PBC.” wheresthe.ai, 28 Oct 2025. https://wheresthe.ai/d/openai-recapitalisation-pbc-2025-10/ (source: OpenAI).

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