OpenAI’s For-Profit Path Cleared

Bloomberg Tech

Bloomberg

Tech News, Business News, Business, News

4.5 • 49 Ratings

🗓️ 28 October 2025

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bloomberg’s Caroline Hyde and Ed Ludlow discuss OpenAI’s agreement to give Microsoft a 27% stake in the startup as part of a restructuring plan that clears the path for the ChatGPT maker to become a for-profit business. Plus, the chair of Tesla’s board of directors talks about efforts to convince investors to approve the proposed $1 trillion compensation package for Elon Musk. And Nvidia plans to make a $1 billion equity investment in Nokia, this as Nvidia’s GTC conference gets underway in DC.

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