OpenAI and Microsoft announced on September 11, 2025, the signing of a non-binding memorandum of understanding (MoU) that lays the groundwork for OpenAIs restructuring. Under the plan, OpenAIs for-profit arm will be converted into a Public Benefit Corporation (PBC). This structure, unlike a standard for-profit company, legally obligates the management to consider the public good alongside shareholder interests. A key condition is that OpenAIs non-profit parent organization will retain full control over the new PBC, holding a stake in it worth over $100 billion. This move is a direct consequence of the 2023 governance crisis and aims to create a more stable and predictable structure that can attract commercial investment while remaining strictly tied to its original mission of creating safe AGI for the benefit of humanity. For Microsoft, this means greater stability and clarity in its relationship with a key partner.
OpenAI and Microsoft Sign MoU for Restructuring into a Public Benefit Corporation
