OpenAI plans to establish a joint venture, The Deployment Company, to promote the deployment of artificial intelligence.

OpenAI has raised over $4 billion to form a new joint venture focused on helping businesses adopt its AI software, according to sources familiar with the matter. The new entity, called "The Deployment Company," has secured backing from 19 investors, including TPG Inc., Brookfield Asset Management, Advent, and Bain Capital, according to a person who declined to be named. The deal values ​​the company at $10 billion, not including payments already made. The person also stated that OpenAI will hold a controlling stake in and control of the joint venture. (Jinshi)