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OpenAI and Microsoft sign new $135 billion agreement to deepen AI partnership

OpenAI and Microsoft sign new $135 billion agreement to deepen AI partnership

Update: 2025-11-01
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Under the new arrangement, Microsoft supports OpenAI's transition into a public benefit corporation (PBC) and recapitalisation. The technology giant now holds an investment valued at around $135 billion, representing about 27 percent of OpenAI Group PBC on an as-converted diluted basis.

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OpenAI and Microsoft sign new $135 billion agreement to deepen AI partnership

OpenAI and Microsoft sign new $135 billion agreement to deepen AI partnership