#CNBC 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
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.

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