OpenAI explores $10B AI venture with major private equity firms

OpenAI is in advanced talks with private equity firms including TPG, Advent International, Bain Capital, and Brookfield to create a joint venture focused on enterprise AI adoption.

The proposed venture could be valued at about $10B pre-money. The PE firms are expected to commit roughly $4B in exchange for equity stakes.

The plan is to distribute OpenAI’s enterprise tools across the firms’ portfolio companies and other corporate clients.

The move would give investors influence over how OpenAI technology is deployed inside their networks.

@venture