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HarryWilliams
HarryWilliams
April 22, 2026

OpenAI plans to establish a joint venture, "DeployCo", with major private equity firms including TPG and Bain Capital. OpenAI will invest up to $1.5 billion and retain controlling interest. The venture aims to leverage the firms' corporate networks to accelerate ChatGPT adoption in the enterprise B2B market, countering rivals like Anthropic. A funding round targeting a $10 billion valuation is expected in early May.

OpenAI plans to establish a joint venture,
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