OpenAI in talks to commit up to $1.5bn to private-equity joint venture
Start-up backing new company intended to help deploy AI within businesses owned by PE firms
Start-up backing new company intended to help deploy AI within businesses owned by PE firms

The $730bn start-up plans to increase staff to 8,000 by end of 2026 in bid to close gap with rival Anthropic

Chief executive Sam Altman refocuses AI company as Anthropic tests its early lead

Sam Altman’s $730bn start-up restocks its war chest for battle with Anthropic and Google

Complex restructuring pays Microsoft handsomely but it’s unclear how other shareholders will fit into the AI love-in

Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power

AI companies seek more control over investors trying to access their blockbuster funding rounds