OpenAI is offering private-equity firms a guaranteed minimum return of 17.5% (1 minute read)

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OpenAI is currently courting buyout firms to form joint ventures aimed at raising fresh capital and accelerating the adoption of enterprise AI products. It is offering private-equity firms a guaranteed minimum return of 17.5%, significantly higher than typical preferred instruments. It is also offering early access to its newest AI models. TPG and Advent are potential investors.