Lates News

According to sources, OpenAI has raised over $4 billion to establish a new joint venture focused on helping companies adopt its artificial intelligence software. An anonymous source revealed that this new enterprise, known as "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 source also stated that the joint venture will be majority-owned and controlled by OpenAI.