OpenAI has completed its capital restructuring, renaming its nonprofit arm to the "OpenAI Foundation," which now holds shares in the for-profit OpenAI Group PBC. The foundation is valued at approximately $130 billion, positioning it among the wealthiest charitable foundations globally. It plans to invest $25 billion in healthcare and AI resilience, aligning with its mission to promote AI for the benefit of humanity.
OpenAI Restructures, Foundation Valued at $130 Billion
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