11 place 0 fresh

74 OpenAI launches $4bn Deployment Company with TPG, Advent, Bain, and Brookfield

The Next Web
Ana-Maria Stanciuc @ The Next Web 1 place · today 11:15 EDT

OpenAI has set up a new venture called OpenAI Deployment Company, with more than $4bn in initial funding from a syndicate of 19 firms led by TPG and including Advent International, Bain Capital and Brookfield as co-lead founding partners, the company said on Monday. The new entity, which will be majority-owned and controlled by OpenAI, […]
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