In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback.

OpenAI completed its restructuring into a for-profit public benefit corporation, untangling billions of dollars of investment.

After months of back-and-forth with regulators and stakeholders, OpenAI said it has completed the process of restructuring as a more traditional, for-profit company – a key step in its bid to secure billions more in capital to build cutting-edge artificial intelligence products.

When OpenAI was founded in 2015, its mission was clear and ambitious: to develop artificial intelligence that benefits all of humanity, free from commercial constraints. Co-founders Elon Musk and Sam Altman envisioned an organisation that would advance digital intelligence for the public good,

To top it all off, TSMC's stock is relatively well-priced compared to many of its AI peers. The company's shares have a price-to-earnings ratio of 31.5, which is nearly on par with the average P/E ratio of 31 for the S&P 500 index and far lower than the tech sector's 47 average.

Microsoft’s ($MSFT) updated restructuring deal with OpenAI (PC:OPAIQ), which will see the U.S. tech heavyweight take a 27% stake in a for-profit

In a press release, Microsoft opened a window on how much it has invested in OpenAI. It also offers a look at the AI developer’s significant losses.

In the new agreement, Microsoft gets a 27% stake in OpenAI's for-profit business, the OpenAI Group PBC, worth around $135 billion.