signed
OpenAI–Microsoft recapitalization: $250B incremental Azure commitment
As part of OpenAI's recapitalization, OpenAI contracted to buy an incremental $250 billion of Azure services. Microsoft gave up its right of first refusal on OpenAI compute and holds about 27% of OpenAI Group PBC, valued at about $135 billion.
- Value
- $250B1
- Capacity
- n/d
- Term
- n/d
- Accelerators
- n/d
What the value means
"Incremental $250B of Azure services" per Microsoft. Term not disclosed.
The record
Verified 9 Nov 2026- Announced
- Buyer
- OpenAI
- Seller / provider
- Microsoft (Azure)
- ValueHeadline dollar value exactly as stated in the cited source.
- 250,000,000,000 USD
- Capacity
- Not disclosed
- Accelerators
- Not disclosed
- Chips
- Not named
- Term
- Not disclosed
- StatusBinding agreement disclosed
- signed
- Other parties
- None named
- Deal type
- cloud-capacity, equity-for-compute
Sources
1- The next chapter of the Microsoft–OpenAI partnership (Microsoft) read 2026-11-09
Cite this deal
AI Compute Deals, “OpenAI–Microsoft recapitalization: $250B incremental Azure commitment”, https://aicomputedeals.com/openai-microsoft-azure-250b-2025-10/ (verified 2026-11-09).
Data under CC BY 4.0. Download the full ledger.
The rest of this relationship
2 rows- OpenAI–Microsoft recapitalization: $250B incremental Azure commitment $250B signed
- Microsoft extends OpenAI partnership (third investment) n/d expanded