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Report: Half of OpenAI’s Pending $40 Billion Funding Round Depends on Restructuring

  • OpenAI, an artificial intelligence company, is finalizing a $40 billion funding round that is dependent on its restructuring into a for-profit company.
  • If openAI fails to complete the restructuring by the end of this year, the funding round could be reduced by $20 billion.
  • The restructuring requires approval from Microsoft, OpenAI's largest shareholder, as well as the California attorney general.
  • OpenAI generated $3.7 billion in revenue in 2024 and expects sales to reach $29.4 billion in 2026.

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