Exclusive-OpenAI courts private equity to join enterprise AI venture, sources say
OpenAI seeks private equity partners for AI venture.
OpenAI is in advanced discussions with major private equity firms, including TPG and Bain Capital, to establish a joint venture aimed at distributing its enterprise AI products. The deal, which has a pre-money valuation of approximately $10 billion, would allow OpenAI to accelerate corporate adoption of its technology while providing private equity firms with crucial tools for their portfolio companies facing AI disruption.
Key Takeaways
- 1.
OpenAI aims to secure $4 billion from private equity firms for a joint venture.
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TPG is set to be the anchor investor, with Advent, Bain, and Brookfield also involved.
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Anthropic is pursuing a similar deal with private equity firms for its AI technology.
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