According to Bloomberg, OpenAI has raised over $4 billion for The Deployment Company, a new venture it will control to help businesses adopt its AI software. The venture is valued at $10 billion before the new capital and backed by 19 investors led by TPG and Brookfield Asset Management, along with Advent, Bain Capital, Dragoneer, and SoftBank. The backers’ portfolio companies and clients give the venture access to over 2,000 potential customers.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Palantir Reports 85% Q1 Revenue Surge to $1.633B, Rule of 40 Score Hits 145%
According to Palantir's Q1 2026 earnings report, the data analytics and AI software company's first-quarter revenue reached $1.633 billion, up 85% year-over-year, marking its highest growth rate on record. The company's Rule of 40 score—a metric measuring combined growth and profitability—surged to
GateNews14m ago
Meta Seeks $13 Billion in Financing for Texas AI Data Center, Led by Morgan Stanley and JPMorgan
According to Beating, Meta is seeking approximately $13 billion in financing for an artificial intelligence data center in Texas, with Morgan Stanley and JPMorgan leading the effort. The financing structure will consist primarily of debt, with the remainder in equity, according to people familiar wi
GateNews30m ago
Lattice Semiconductor Acquires AMI for $1.65 Billion on May 4, Expanding into AI Infrastructure Software
According to Reuters, Lattice Semiconductor announced on May 4 it will acquire AMI, a firmware and infrastructure software company, for $1.65 billion to expand deeper into AI system management and cloud infrastructure.
AMI specializes in BIOS firmware and Baseboard Management Controller (BMC) softw
GateNews42m ago
Hong Kong Lab Launches HKGAI-V3 AI Model on Chinese Chips in First Half of 2026
According to South China Morning Post, Hong Kong Generative AI Research and Development Centre plans to launch its HKGAI-V3 model in the first half of 2026, with the system optimized to run on Chinese-made chips including Huawei's Ascend 910C. The model is based on DeepSeek V4 architecture with
GateNews52m ago
AlphaDrive Launches $100M Israeli AI and Cybersecurity Fund
Yaron Elad and Elik Etzion, former executives at Israel's Elron Ventures, have launched AlphaDrive, a US$100 million fund focused on cybersecurity and artificial intelligence, according to Calcalist.
Fund Structure and Investment Approach
AlphaDrive targets startups founded by Israeli
CryptoFrontier1h ago
OpenAI Sales Head James Dyett Joins Thrive Capital as Operator in Residence
According to Beating, OpenAI's senior sales head James Dyett announced his departure to join Thrive Capital as Operator in Residence recently. Dyett, who joined OpenAI during the ChatGPT boom in 2023, cited a preference for the early-stage company-building phase as his reason for leaving. He noted t
GateNews1h ago
