Oldenburg Capital Partners S.à.r.l., a société à responsabilité limitée incorporated under the laws of the Grand Duchy of Luxembourg, is registered with the Luxembourg Trade and Companies Register (RCS) under number B290365, with its registered office at 18, rue Robert Stumper L-2557 Luxembourg.



The company is registered with the Commission de Surveillance du Secteur Financier (CSSF) as an alternative investment fund manager within the meaning of Article 3(3) of the Luxembourg Law of 12 July 2013 on alternative investment fund managers, as amended (the "AIFM Law"), and acts in this capacity for a Luxembourg special limited partnership (SCSp) formed under its management.



The information contained on this website is provided for general information purposes only and is intended exclusively for professional investors as defined under Directive 2011/61/EU and the AIFM Law.



This website does not constitute an offer or solicitation to subscribe for, purchase, or sell any interests or securities, nor does it constitute a public offer or marketing of any alternative investment fund managed by Oldenburg Capital Partners S.à.r.l. within the meaning of the AIFM Law or any other applicable legislation. No information on this website should be construed as investment advice or a recommendation.



If you are not a professional investor or are otherwise restricted under applicable law from accessing fund-related information, you are kindly requested to refrain from further navigation.

Technology

Wall Street reacts to Microsoft and OpenAI's new deal

Published 28 October, 2025


Microsoft’s $135 billion commitment to OpenAI marks a defining moment in the AI investment landscape.


With OpenAI restructuring into a public benefit corporation and valued at $500 billion, this deal highlights the scale of capital concentration in frontier AI development.

Our Founding Partner Patrice Mesnier shared his analysis with Reuters on what this means for the industry:

  • The public benefit corporation structure balances social mission with profit goals, enabling OpenAI to raise capital without compromising its original purpose
  • For Microsoft, this confirms AI has moved from supporting technology to the centre of its growth model
  • We’re in a moment where strategic power matters more than valuation logic

As Big Tech doubles down on AI, the question becomes: 

How will this concentration of capital shape the broader innovation landscape ?

Read the full article here:
https://www.reuters.com/business/view-wall-street-reacts-microsoft-openais-new-deal-2025-10-28/
 
Quotes from Oldenburg

“Transforming OpenAI into a public benefit corporation brings a clearer legal balance between social mission and profit goals, allowing the company to attract investors without losing its original purpose”.

“For Microsoft, this confirms that AI is now the center of its growth model, not a supporting technology. It is putting down all its chips to bet on AI's future. Microsoft's $135 billion stake epitomizes how extreme the concentration of money in AI has become. As recent eye-watering transactions show, we are still in a moment where strategic power matters more than valuation logic”.

— Patrice Mesnier, Founding Partner