OpenAI Launches $4 Billion Company to Accelerate Enterprise AI Adoption .. PYMNTS.com ...Middle East

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OpenAI Launches $4 Billion Company to Accelerate Enterprise AI Adoption .. PYMNTS.com

OpenAI launched a new company that will help organizations build and deploy artificial intelligence systems.

The new OpenAI Deployment Company is a partnership between OpenAI and 19 global investment firms, consultancies and system integrators, and is majority-owned and controlled by OpenAI, the firm said in a Monday (May 11) press release.

    It will work with businesses to help them identify where AI can make the biggest impact, redesign organizational infrastructure and critical workflows around AI, and turn gains into durable systems, according to the release.

    “AI is becoming capable of doing increasingly meaningful work inside organizations,” OpenAI Chief Revenue Officer Denise Dresser said in the release. “The challenge now is helping companies integrate these systems into the infrastructure and workflows that power their businesses. DeployCo is designed to help organizations bridge that gap and turn AI capability into real operational impact.”

    OpenAI also announced Monday that it plans to acquire applied AI consulting and engineering firm Tomoro, which will bring about 150 experienced forward deployed engineers and deployment specialists to OpenAI Deployment Company.

    The acquisition is expected to close within months, subject to customary closing conditions, per the release.

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    “As part of the OpenAI Deployment Company after closing, the team will strengthen OpenAI’s ability to help customers move from use case selection to production deployment faster,” OpenAI said in the release.

    The company also said in the release that OpenAI Deployment Company plans to acquire other firms that can help it deploy AI, using the $4 billion initial investment with which the company launched.

    In its own announcement of the planned acquisition, Tomoro said the company was formed two-and-a-half years ago to use AI to redefine how work gets done and that as part of OpenAI Deployment Company, it will be able to do so on a larger scale.

    “Generating maximum value from OpenAI’s suite of products and models, we’ll help organizations move from use case selection to AI systems that are live in both day-to-day work and customer experiences,” Tomoro said in its announcement.

    It was reported Thursday (May 7) that OpenAI’s new joint venture with private equity investors was in advanced talks on three acquisitions of services companies that help businesses deploy AI.

    OpenAI and rival enterprise AI company Anthropic are looking to bring in hundreds of engineers and consultants who can help companies connect AI models to their data, workflows and internal systems.

    It was reported May 4 that OpenAI had raised $4 billion for its effort to get businesses to adopt its AI tools and that its new venture was valued at $10 billion.

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