OpenAI has completed its recapitalization, solidifying its nonprofit status through the newly established OpenAI Foundation, which retains a controlling stake in its for-profit entity now called OpenAI Group PBC. Microsoft, a major investor, supports this structure and will not have first rights to OpenAI's computing services, while both companies will collaborate on developments including independent paths toward achieving Artificial General Intelligence (AGI).

Microsoft is in advanced discussions with OpenAI to secure ongoing access to its technology, particularly regarding rights associated with artificial general intelligence (AGI). Negotiations have been ongoing for several months, focusing on revising investment terms and future equity stakes, as OpenAI seeks Microsoft's approval to transition into a public-benefit corporation.