OpenAI Forms New Joint Venture, OpenAI Deployment Company, and Acquires Tomoro
Cooley advised OpenAI on the formation of OpenAI Deployment Company, a private-equity backed joint venture designed to help organizations build and deploy AI systems they can rely on every day across their most important work. This is a committed partnership between OpenAI and 19 leading global investment firms, consultancies, and system integrators.
Lead team: Ben Beerle, Amelia Davis, TJ Graham, Eileen Marshall, Stephanie Gentile, Scott McCall, Katie Rosati, Seamus Howard, David Zhou, Calvin Lee and Mark Cornillez-Ty led the Cooley team advising OpenAI on the formation of this joint venture.
In connection with the OpenAI Deployment Company’s launch, Cooley also advised OpenAI on its agreement to acquire Tomoro, an applied AI consulting and engineering firm that helps enterprises turn AI into operational advantage. The acquisition will bring approximately 150 experienced Forward Deployed Engineers and Deployment Specialists to the OpenAI Deployment Company from day one.
Lead team: Ben Shribman, Ben Beerle, Laurence Nelson, Arabella Murrison, David Wilson, Jack Jones, Ondrej Hajda, Paula Holland, Bethan Chalmers, Kafeel Azher, Chris Stack, Chris Coulter, Leo Spicer-Phelps, Amber Fisher, Olivia Anderson and Eerik Kukebal led the Cooley team advising OpenAI on this acquisition.
These transactions were announced publicly in the following press release, which can be viewed here.
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