OpenAI has established a $10bn joint venture with a group of major private equity and financial institutions aimed at accelerating the deployment of its AI tools across corporate customers and portfolio companies, according to a report by Bloomberg.
The new initiative, reportedly called The Deployment Company, has raised more than $4bn in initial commitments from investors including TPG Inc, Brookfield Asset Management, Advent International and Bain Capital. The broader structure is valued at $1...
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