OpenAI announced the completion of its recapitalization. The nonprofit, renamed the OpenAI Foundation, continues to control the organization, while the for-profit arm became OpenAI Group PBC, a public benefit corporation. The Foundation holds OpenAI Group equity valued at approximately $130 billion and committed an initial $25 billion to curing diseases and AI resilience. The same day, Microsoft announced a new agreement confirming its stake of roughly 27%, valued at approximately $135 billion. OpenAI committed to purchasing an incremental $250 billion of Azure services, any AGI declaration by OpenAI must now be verified by an independent expert panel, and Microsoft's IP rights were extended through 2032.