Loading cryptocurrency prices...

OpenAI Becomes Public Benefit Corp, Microsoft Gains 27% Stake

OpenAI restructures as public benefit corporation with Microsoft holding 27% stake and $250 billion Azure commitment; ChatGPT reaches 800 million weekly users amid AI trading bot competition.

  • OpenAI has restructured as a public benefit corporation to facilitate capital raising.
  • Microsoft holds a 27% stake in the new entity, valued at about $135 billion.
  • OpenAI agreed to spend $250 billion on Microsoft Azure cloud services during their partnership.
  • ChatGPT has approximately 800 million weekly active users and is widely used beyond conversation, including AI trading bots.
  • In crypto trading tests, models from X and Chinese developer DeepSeek outperformed ChatGPT and Google’s Gemini.

OpenAI has changed its corporate structure to a public benefit corporation to expand its ability to raise money. This move supports the company’s growing Artificial Intelligence goals. Alongside this shift, Microsoft acquired a 27% ownership share valued at approximately $135 billion.

- Advertisement -

The agreement also guarantees Microsoft access to OpenAI’s core technology for seven more years. In addition, OpenAI committed to spending $250 billion on Microsoft’s Azure cloud services throughout their partnership. This deepens the companies’ financial and strategic connections.

A public benefit corporation is a for-profit business that can still raise capital and offer investor returns. Despite the restructuring, criticism remains from figures like Elon Musk, who argue that OpenAI has moved away from its original nonprofit mission by focusing on commercial deals.

ChatGPT continues to be the most used large language model globally, with about 800 million weekly active users. Its application now extends into AI-powered trading bots for both cryptocurrencies and traditional stock markets. These bots use ChatGPT to analyze market information and improve trading strategies in real time.

Recent research compared AI models designed for crypto trading. The study found that Grok, an AI developed by X, and DeepSeek, a Chinese AI, performed better than ChatGPT and Google’s Gemini in simulations. Each bot started trading with $200 in capital and later increased to $10,000, using the Hyperliquid decentralized exchange for all transactions.

- Advertisement -

For related details, see this article and ChatGPT statistics.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Nvidia (NVDA) Plans $1 Billion Investment in Nokia (NOK)

NVIDIA will invest $1 billion in Nokia through a directed share issue.Nokia will issue...

402bridge Hack Drains $17K USDC from 227 Users in Minutes

The cross-layer protocol 402bridge was hacked, resulting in a loss of $17,000 in USDC...

Gold Prices Fall Under $4,000: Should Concern Be Rising?

Gold prices dropped nearly 3% this week due to investor sell-offs and profit-taking.The XAU/USD...

Cathie Wood Denies AI Bubble, Warns of Reality Check on Valuations

Cathie Wood rejects the idea that Artificial Intelligence (AI) is in an investment bubble. She...

Bitcoin Must Hold $114K Support to Confirm Recovery and Rally

Bitcoin's price needs to maintain support at $114,000 to confirm its recovery.Trading volume and...
- Advertisement -

Must Read

What Is Binance Earn?

As someone who is passionate about cryptocurrency, I am always on the lookout for new opportunities to grow my portfolio. That's why I was...