OpenAI Guarantees 17.5% Minimum Returns to Private Market Investors: Reuters

According to an exclusive report published by Reuters, OpenAI is guaranteeing private equity financiers a 17.5% minimum rate of return and preferential access to its latest models. Preferential Terms: According to an exclusive Reuters report, OpenAI is guaranteeing 17.5% minimum rates of returns for co-investors like TPG and Advent as part of an effort to outbid AI competitor Anthropic for joint venture investments in enterprise-focused deals. Competitive Space: Reuters indicates that OpenAI and Anthropic ...