Source: OpenAI has raised over $4B at a $10B pre-money valuation for The Deployment Company, a new joint venture to help businesses adopt OpenAI tools (Seth Fiegerman/Bloomberg)
OpenAI has raised over $4 billion for a new joint venture called The Deployment Company, which aims to help businesses adopt OpenAI's tools. The funding was secured at a $10 billion pre-money valuation. Specific details about the investors or structure of the joint venture were not disclosed.
- ▪OpenAI has raised more than $4 billion for a new joint venture.
- ▪The joint venture is named The Deployment Company.
- ▪The funding round was based on a $10 billion pre-money valuation.
- ▪The purpose of the venture is to assist businesses in adopting OpenAI's technology.
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