Mar. 16 at 6:43 PM
$SSSS $OPENAI "NEW YORK, March 16 (Reuters) - OpenAI is in advanced talks with private equity firms including TPG (TPG.O), opens new tab, Advent International, Bain Capital and Brookfield Asset Management (BAM.N), opens new tab to form a joint venture that would distribute its enterprise products across the firms' portfolio companies and beyond, four people familiar with the matter said.
The proposed deal has a pre-money valuation of about
$10 billion, two of the people said, and could give OpenAI a faster route into corporate adoption while providing the PE firms with a potential lifeline for companies in their portfolios that are exposed to AI disruption."
Source: https://www.reuters.com/business/openai-courts-private-equity-join-enterprise-ai-venture-sources-say-2026-03-16/