OpenAI Plans to Establish Joint Venture with Multiple Private Equity Firms, Potentially Securing $40 Billion Investment

Odaily News According to sources, OpenAI is in advanced talks with TPG, Bain Capital, Advent, and Brookfield to form a joint venture for distributing artificial intelligence products. Sources also indicated that the private equity firms may commit to investing $4 billion in equity into this $100 billion-valued joint venture. OpenAI intends to offer preferred shares in the joint venture, while Anthropic has proposed offering common shares. (Jin10)