US EditionExclusive: Openai Courts Private Equity to Join Enterprise Ai Venture, Sources Say
Private equity firms plan to invest $4 billion in a joint venture with OpenAI valued at $10 billion to expand AI software adoption in key industries.
- This week, OpenAI entered advanced talks to form a joint venture with private equity firms including TPG Inc. and Bain Capital, Reuters reported.
- To convince more business customers, OpenAI has been focusing on financial services and health care, while Fidji Simo wrote on Monday that the venture aims at building a deployment arm and last month introduced Frontier to help manage AI agents.
- The deal structure envisions a pre-money valuation of roughly $10 billion, with private equity investors committing about $4 billion and OpenAI expecting roughly $10 billion more from venture capital firms and sovereign wealth funds.
- People familiar with the talks said people who spoke on condition of anonymity discussed private details, while TPG Inc., Brookfield, and Bain Capital declined to comment.
- OpenAI's recent $110 billion raise, valuing it at $840 billion, heightens pressure to monetize, and creating a standalone venture could reshape competition across the AI industry.
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OpenAI courts private equity to join enterprise AI venture: Report
OpenAI is in advanced talks with major private equity firms for a joint venture. This deal aims to boost corporate adoption of its AI products. Anthropic is also pursuing similar partnerships. These moves come as both AI companies eye public listings this year. The partnerships could reshape enterprise AI deployment and investment.
OpenAI in Talks for $10 Billion Joint Venture With PE Firms
OpenAI is in advanced discussions to form a joint venture with private equity firms, including TPG Inc., Brookfield Asset Management and Bain Capital, that would focus on bolstering adoption of its AI software, according to people familiar with the matter.
The joint venture would have a pre-investment valuation of approximately US$10 billion and private equity investors would contribute US$4 billion
OpenAI Courts Private Equity to Join Enterprise AI Venture, Sources Say
OpenAI is planning a $10 billion partnership with big investment firms like TPG and Bain Capital. This deal would bring OpenAI’s business tools to many different companies owned by these firms. It helps OpenAI grow faster in the corporate world while helping the investment firms protect their businesses from being left behind by new AI technology.
OpenAI continues to advance its plans to lead the IA career. ChatGPT's proprietary company has initiated discussions to create a joint venture with private equity firms, including TPG, Brookfield and Bain, which would focus on driving the adoption of its AI software, according to Bloomberg.According to sources who spoke on condition of anonymity to treat confidential information, the joint venture would have a pre-investment valuation of approxi…
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