PE

Sources: OpenAI has pledged up to $1.5B to a new joint venture with PE firms to help deploy AI across their portfolio companies, starting with $500M in equity

Sources: Anthropic plans to invest $200M in a venture with PE firms to sell AI tools to their portfolio companies, and is in talks to raise $1B for the effort

Sources: OpenAI is in advanced talks with PE firms including TPG and Advent to form a JV that would distribute its enterprise tools to their portfolio companies

Sources: OpenAI is in advanced talks with PE firms including TPG and Advent to form a JV that would distribute its enterprise tools to their portfolio companies

OpenAI is in advanced talks with private equity firms including TPG (TPG.O), Advent International, Bain Capital and Brookfield Asset Management …

Rowspace, which builds AI tools for PE firms and hedge funds to organize unstructured data for decision-making, launches with $50M in seed and Series A funding

Rowspace, which builds AI tools for PE firms and hedge funds to organize unstructured data for decision-making, launches with $50M in seed and Series A funding

After meeting in graduate school at MIT, Michael Manapat and Yibo Ling embarked on different career paths.

Advent, FedEx, A&R, and PPF agree to acquire Polish automated parcel delivery company InPost for €7.8B; InPost has 61K+ automated parcel lockers across Europe

Private equity firm Everstone combines Delhi-based Wingify, which helps A/B test websites, and Paris-based AB Tasty, which provides experimentation software

Private equity firm Everstone Capital is bringing together India's Wingify — a company that helps businesses test different versions …

Software consultancy Thoughtworks agrees to be taken private by PE firm Apax Partners for ~$1.75B; TWKS jumps 26%+ but is still far below its 2021 IPO price

Medallia, which offers customer experience management tools, says PE firm Thoma Bravo will take the company private for $6.4B, after going public in 2019