OpenAI’s For-Profit Path Cleared | Bloomberg Tech 10/28/2025

Bloomberg Technology•Tuesday, October 28, 2025 at 8:14:05 PM

OpenAI has taken a significant step towards becoming a for-profit entity by agreeing to give Microsoft a 27% stake in the company. This restructuring is crucial as it allows OpenAI to secure the necessary funding to expand its operations and innovate further in AI technology. Meanwhile, Tesla's board chair is working to rally investor support for a massive $1 trillion compensation package for Elon Musk, highlighting the ongoing financial maneuvers in the tech industry. Additionally, Nvidia is set to invest $1 billion in Nokia, coinciding with its GTC conference in Washington, D.C., showcasing the dynamic shifts in tech investments.

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