According to Gelonghui, on May 11, OpenAI established OpenAI Deployment Company to help enterprises build and deploy AI systems. As part of this initiative, OpenAI agreed to acquire Tomoro, an applied AI consulting and engineering firm specializing in helping businesses convert AI into operational advantages. The deployment company will launch with an initial investment of over $4 billion to expand operations and acquire additional companies that accelerate AI deployment.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Brookfield Invests $500M in OpenAI Deployment Company on May 11
Brookfield announced today (May 11) that it has agreed to invest $500 million in OpenAI Deployment Company, a newly established AI deployment platform co-founded by Brookfield, OpenAI, and a group of investors.
GateNews22m ago
AI Company Ciridae Completes $20M Seed Round Led by Accel on May 11
According to BlockBeats, on May 11, AI company Ciridae completed $20 million seed funding led by Accel, with Andreessen Horowitz and General Catalyst as co-investors. The company was founded by Jack Soslow, former partner at Andreessen Horowitz, and Jack Weissenberger, former head of machine
GateNews48m ago
Google Considers Making AI Servers in India, US$15 Billion Hub Planned
According to The Economic Times, on May 11, India's IT minister Ashwini Vaishnaw said Google agreed to seriously consider manufacturing AI servers in India after he raised the issue in a meeting with company executives last week. The move comes as Google plans a reported US$15 billion AI hub in
GateNews52m ago
Trump to Decide on New AI Executive Order, Says White House Economic Council Director Hassett
According to Odaily, White House National Economic Council Director Hassett stated that Trump will decide whether a new artificial intelligence executive order is needed. Hassett said the administration does not want to create a large new bureaucratic apparatus to approve AI, noting the current
GateNews52m ago
JPMorgan Predicts U.S. Tech Giants Will Spend $700B on AI Capex in 2026
According to JPMorgan Chase, U.S. tech giants are predicted to invest up to $700 billion in capital expenditure for artificial intelligence infrastructure in 2026 on May 11. The bank notes that approximately 90% of hardware from companies like Nvidia relies on Asian suppliers, positioning emerging m
GateNews55m ago
U.S. Chip Stocks Surge 60% in 6 Weeks as Retail Investors Rush In; Technical Indicators Hit Historic Extremes
According to BlockBeats, U.S. semiconductor stocks surged approximately 60% over the past six weeks as of May 11, driven by continued AI enthusiasm. Retail investor buying activity in technology stocks reached its highest level in a year last week, with AI-related memory chips and hardware
GateNews1h ago
