OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO

CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to report on OpenAI's newly finalized restructuring. Microsoft now holds a 27% stake worth $135 billion, while OpenAI commits $250 billion in future Azure spend and reshuffles IP rights in the updated partnership.