Microsoft(US:MSFT) 量子位·2025-10-28 14:24Core Viewpoint - OpenAI has completed a capital structure restructuring, paving the way for its potential IPO and the successful receipt of a $22.5 billion investment from SoftBank [2][4]. Group 1: Capital Structure and Ownership - OpenAI's nonprofit entity has been renamed to OpenAI Foundation, which retains a 26% stake in the for-profit entity, currently valued at approximately $130 billion [4]. - Employees and investors hold 47% of the shares, while Microsoft owns 32.5% of the for-profit entity [5][6]. - Following the restructuring, OpenAI Foundation will receive additional ownership as the for-profit entity reaches valuation milestones [13]. Group 2: Mission and Funding Initiatives - OpenAI's mission remains to ensure that artificial general intelligence (AGI) benefits all of humanity, a commitment that has persisted since its founding in 2015 [10][11]. - The OpenAI Foundation plans to invest $25 billion in two key areas: health and disease cures, and AI resilience technology solutions [14][15]. - The foundation will utilize funds from a $50 million "human-centered AI fund" and recommendations from a nonprofit committee to support these initiatives [16]. Group 3: Market Reaction and Future Engagement - Microsoft shares rose by 3.5% in pre-market trading following the announcement [7]. - OpenAI's leadership, including Sam Altman and Chief Scientist Jakub Pachocki, will host a live session to discuss the future of OpenAI [24].