OpenAI plans up to $1.5B investment in $10B DeployCo with PE firms to accelerate enterprise AI adoption
OpenAI is in discussions to commit up to $1.5 billion to a new joint venture with private equity firms aimed at accelerating the adoption of artificial intelligence tools across enterprises, the Reuters reported. The proposed venture, internally referred to as “DeployCo”, is expected to be valued at around $10 billion. OpenAI is likely to initially…