October 29, 2025 – On Tuesday local time, Microsoft and OpenAI unveiled a major restructuring agreement. This deal allows the creator of ChatGPT to move away from its non-profit roots and potentially go public, aiming to raise funds to back CEO Sam Altman’s ambitious plans for data centers and cutting-edge artificial intelligence technologies.
During a live-streamed event, Altman stated that given the enormous financial investments required to train and build AI systems like the one underpinning ChatGPT, an initial public offering (IPO) stands as the most probable future path for the company.
Altman, along with Chief Scientist Jakub Pachocki, elaborated on OpenAI’s strategic transformation in the live stream. The company is shifting from being a product-driven entity to a platform-based one, enabling third-party developers to build their own tools, services, and businesses on top of its technology.
“We can now open up this technology, our user base, and the framework we’ve built to the entire world. This allows developers globally to create amazing new companies, services, and applications,” Altman remarked.
It is understood that this restructuring is one of several strategic moves OpenAI is currently undertaking, reflecting the company’s firm conviction that generative AI technology will ultimately reshape the global economy. This news has also excited investors and business partners, including NVIDIA CEO Jensen Huang. When asked about the matter during a developer conference on Tuesday, Huang said, “If we could have invested more money in the early days, it would have been great. If you tell me OpenAI is going public next year, I won’t be surprised at all. From many perspectives, this could be one of the most successful IPOs in history.”
