The joint venture would have a pre-money valuation of roughly US$10 billion ($12.79 billion), sources revealed.

This year hasn’t lived up to the high expectations of the bankers and lawyers that advise tech companies on acquisitions. One major culprit is fear of AI-driven irrelevance, which has paralyzed ...

OpenAI is reportedly in discussions with several major private-equity firms to launch a new artificial-intelligence venture that could be ...

HARRISBURG, Pa. — Private investment firms that are helping finance America’s artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local ...

OpenAI is in talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to form a joint venture that would sell OpenAI’s tech to companies funded ...

Private equity in agtech participation remains selective but it is increasing, according to a new report from Verdant Partners.

Valuation within private equity portfolios is subjective. But these trends are enough to give me pause. As anyone who’s read my columns can attest, I’m a big booster of financial technology and ...

Private equity sees profits in power utilities as electric bills rise and Big Tech seeks more energy Private investment firms that are helping finance America’s artificial intelligence race and the ...