OpenAI is offering enhanced financial terms to private equity firms as it seeks to secure partnerships to accelerate enterprise adoption of its technology, intensifying competition with Anthropic, according to a report by Reuters citing people familiar with the matter.
The company is proposing preferred equity stakes with a minimum return of around 17.5%, alongside early access to its latest models and additional protections including seniority and downside safeguards.
The structure is designed...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News