OpenAI courts private equity to join enterprise AI venture
Yahoo Finance·2026-03-16 13:25
By Milana Vinn and Echo Wang NEW YORK, March 16 (Reuters) - OpenAI (OPAI.PVT) is in advanced talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture that would distribute its enterprise products across the firms' portfolio companies and beyond, four people familiar with the matter said. The proposed deal has a pre-money valuation of about $10 billion, two of the people said, and could give OpenAI a faster route into cor ...