OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO

OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO

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CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to report on OpenAI's newly finalized restructuring. Microsoft now holds a 27% stake worth $135 billion, while OpenAI commits $250 billion in future Azure spend and reshuffles IP rights in the updated partnership.

By: CNBC Television
Title: OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO
Sourced From: www.youtube.com/watch?v=f0lNkRpZIhw


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