Microsoft is close to getting a giant new equity stake in OpenAI. It could be worth at least $150 billion.

When Microsoft invested $1 billion in OpenAI in 2019, it was weird. Now, the bet looks like one of the smartest investments in technology history. OpenAI announced last week that it's restructuring itself into a for-profit public benefit corporation. The move will create traditional stock that enables investors to get equity stakes in the business.As part of this, Microsoft will likely get a new equity stake in OpenAI that could be worth at least $150 billion, according to analysts at BNP Paribas and other ...