OpenAI Plans to Establish Joint Venture "The Deployment Company" to Promote AI Deployment

Odaily Planet Daily News - According to informed sources, OpenAI has raised over $4 billion to establish a new joint venture focused on helping businesses adopt its artificial intelligence software. The new company, named "The Deployment Company," has received support from 19 investors, including TPG Inc., Brookfield Asset Management, Advent, and Bain Capital, according to a person who requested anonymity. 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. (Jin10)