OpenAI has raised more than $4 billion for a new joint venture, The Deployment
Company, aimed at accelerating enterprise adoption of its AI software, with a
valuation of about $10 billion excluding the new capital; the venture will be
majority-owned by OpenAI and backed by investors including TPG, Brookfield Asset
Management, Advent International, Bain Capital, Dragoneer Investment Group and
SoftBank Group, leveraging access to more than 2,000 portfolio companies to
expand AI deployment as competition with Anthropic intensifies.
