Story perspectives
OpenAI's Valuation Soars to $500 Billion Amid Restructuring
10/5/2025
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Story summary
- OpenAI's valuation reached $500 billion after a $6.6 billion deal, surpassing its prior $300 billion valuation.
- Microsoft has invested, securing exclusive rights to OpenAI software and growth.
- OpenAI plans to restructure into a for-profit entity and pursue an IPO.
- Elon Musk, OpenAI co-founder, has concerns; approvals would be required in California and Delaware, as OpenAI has not turned a profit.
