Join 40,000 readers and get the full notes and summary: https://newsletter.aiwithkyle.com/subscribe Subscribe and turn on notifications to catch the next live stream: https://www.youtube.com/@iamkylebalmer?sub_confirmation=1 Want to become fast-track becoming an AI Trainer? Apply to join the next AI Workshop Kit cohort: https://newsletter.aiwithkyle.com/c/workshop-kit This video is from the ‘AI with Kyle News and Updates Live Stream’ First aired: 29 October 2025 Summary: OpenAI has finally completed its conversion to a for-profit company, and honestly, it's been coming for ages. They've shifted from their original nonprofit structure to a public benefit corporation, with Microsoft now holding a proper 27% stake instead of their previous arrangement where they were entitled to 49% of profits. The whole thing is a legal nightmare of LLCs and holding companies that'll keep lawyers busy for months, and I'm sure Elon Musk is absolutely fuming about it. The restructuring means OpenAI can now properly raise capital and actually turn a profit, which was always going to happen once they realised there's serious money in this space. It's a bit of a departure from the "for the good of humanity" mission, but when you need billions in investment, you've got to give investors a reason to care. Beyond that, we covered how consulting firms might be heading for their Kodak moment—basically, they're sitting on AI tools that could cannibalise their own business model, which never ends well. And Claude dropped some genuinely useful finance integrations, including a proper Excel add-in that lets you work directly in spreadsheets, plus a bunch of skills for financial analysis. The mad bit is that DeepSeek is apparently the best AI for stock trading right now, having doubled its money in nine days, which absolutely nobody saw coming. Google also has this vibe coding tool called AI Studio Build that's actually quite good, but typical Google, nobody knows it exists because their marketing is terrible and they have seventeen competing products. Watch full edited live stream: https://youtu.be/_QwvvWknJ_Q —— More Useful Resources —— My other daily live show - 30-day building a business in public challenge: https://www.youtube.com/live/Z0Z_1Eg3HUk (day one) Ultimate AI Learning Resource List: https://www.aiwithkyle.com/resources/ai-learning-guide Free AI Entrepreneurship Playbooks: https://aiwithkyle.com/catalog Free Quiz: What AI business should you start? https://aiwithkyle.com/tools Free AI Training Business Planner: https://aiwithkyle.com/tools/workshop-builder Free AI Industry Translator Tool: https://aiwithkyle.com/tools/industry-ai-translator Free 10-Week ‘Vibe Coding’ AI Summer Camp: https://aiwithkyle.com/courses/10-week-ai-summer-camp —— Time Stamps ——0:00 Introduction 0:20 OpenAI Completes For-Profit Conversion5:05 OpenAI's Mission Shift and Investor Concerns6:15 Consulting Industry Facing Their Kodak Moment14:37 Q&A: Deloitte's AI Hallucination Report Scandal15:46 Claude Overtakes OpenAI in Enterprise Market Share19:34 Claude's Excel Integration for Finance Professionals21:57 DeepSeek Dominates AI Trading Bot Competition23:21 Claude Releases New Agent Skills for Finance24:32 Why Google AI Tools Are Underrated but Hidden25:29 Closing Remarks and Newsletter Subscription —— Contact —— Best is in YouTube comments. For business enquiries only: https://www.passionfroot.me/iamkylebalmer