OpenAI has officially become a for-profit company, restructuring its ownership and governance with new funding and investors.

OpenAI has completed its transition to a for-profit entity, finalizing a recapitalization plan that restructures the company’s ownership and governance. The move formalizes its shift from a nonprofit organization to a for-profit model, with new funding and investor involvement. The change marks a significant step in OpenAI’s evolution, aligning its business structure with long-term growth and investment goals.