OpenAI plans to establish a joint venture, The Deployment Company, to promote the deployment of artificial intelligence
2026-05-04 12:53
Odaily Planet Daily News According to insiders, OpenAI has raised over $4 billion to establish a new joint venture that will focus on helping enterprises adopt its artificial intelligence software. According to a person who declined to be named, the new venture, named "The Deployment Company," has received support from 19 investors including TPG Inc., Brookfield Asset Management, Advent, and Bain Capital. The deal values the company at $10 billion, excluding payments already made. The person also said that the joint venture will be controlled and held by OpenAI. (Jin Shi)
