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Microsoft announces deal with OpenAI public benefit corporation

( October 28, 2025, 15:42 GMT | Official Statement) -- MLex Summary: With OpenAI gaining regulatory approval for its move to more of a for-profit structure, Microsoft said it has signed off on OpenAI's formation of a public benefit corporation to oversee its non-profit operations following a corporate recapitalization that will leave Micrsoft with a $135 billion investment in OpenAI. "The agreement preserves key elements that have fueled this successful partnership — meaning OpenAI remains Microsoft’s frontier model partner and Microsoft continues to have exclusive IP rights and Azure API exclusivity until Artificial General Intelligence (AGI)," Microsoft said in a blog post. Text of OpenAI-Microsoft statement follows in full:...

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