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AI & Enterprise

AI-era SI business emerges as major tech firms launch FDE push

Views on software customization in enterprise software are shifting as AI agents spread, with some in the industry saying optimization is becoming a future-defining keyword. Calls are growing for system integration-style work to build software to customer needs, with some arguing AI agents without customization struggle in enterprise markets. Major AI firms are expanding hiring of forward deployed engineers and forming joint ventures to support deployments, while executives say deploying agents is complex and requires deep process understanding.

AI & Enterprise

OpenAI forms joint venture to help companies adopt AI, buys AI consulting and engineering firm Tomoro

OpenAI said it has formed a joint venture with investment firms, consultancies and system integrators to help companies adopt and integrate AI. The venture, called the OpenAI Deployment Company, was established with 19 partners including TPG, Advent, Bain Capital and Brookfield. OpenAI raised more than $4 billion from partner companies and put the venture’s total valuation at about $10 billion. It also acquired AI consulting and engineering firm Tomoro.

AI & Enterprise

OpenAI, Anthropic set up AI joint ventures with private equity firms to battle for enterprise market

OpenAI and Anthropic are setting up joint ventures to target the enterprise market. Anthropic said on May 4 it will form a venture focused on corporate AI services with Blackstone, Hellman & Friedman and Goldman Sachs, alongside other investors. The Wall Street Journal put the venture’s valuation at $1.5 billion. Bloomberg reported OpenAI is raising $4 billion for The Development Company at a $10 billion valuation.