OpenAI Restructure Progress Eases Investor Concerns, Microsoft’s (MSFT) Ties Bolster AI Growth Outlook

Microsoft Corp. (NASDAQ:MSFT) is one of the best ESG stocks to buy now according to hedge funds. On September 12, Bloomberg reported that OpenAI is close to finalizing a governance overhaul that would convert it into a more conventional for-profit structure, while granting its nonprofit arm an equity stake of at least $100 billion. Bret Taylor, Chairman of OpenAI’s board, stated that the nonprofit will maintain controlling authority through a new public benefit corporation, ensuring oversight of OpenAI’s l ...