OpenAI Launches $10 Billion Private-Equity Joint Venture
SAN FRANCISCO — OpenAI established a $10 billion private-equity joint venture, The Information reported Sunday, as the company continues its transition from a nonprofit to a for-profit entity.
The joint venture represents a new funding structure for the San Francisco-based AI company, distinct from the venture capital rounds that have raised tens of billions of dollars for OpenAI in recent years.
Details of the joint venture’s specific investment targets and partner firms were reported by The Information. The private-equity structure would diversify OpenAI’s funding mechanisms and could support acquisitions, infrastructure investments, or strategic partnerships.
OpenAI closed a $40 billion funding round earlier this year — reported as the largest venture capital deal in history — and has been restructuring its corporate governance to accommodate its for-profit ambitions.
The deal adds to a complex financial picture for OpenAI, which balances compute infrastructure costs, talent retention, and research investments against revenue streams from products including ChatGPT and its API platform.
OpenAI did not immediately respond to a request for comment.