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OpenAI finalises $10 billion JV for business AI adoption: Report
short by Mansi Agarwal / on Monday, 4 May, 2026
OpenAI has raised over $4 billion for a new joint venture that will help businesses adopt its AI technology, Bloomberg reported. The new venture, called The Deployment Company, is valued at around $10 billion. It is backed by 19 investors, including TPG Inc, Brookfield Asset Management, Advent, SoftBank Group and Bain Capital.
read more at NewsBytes