JP Morgan Investment Management completed a $20m investment in OpenAI.

Synopsis

JP Morgan Investment Management, an investment management services firm, completed a $20m investment in OpenAI, an American artificial intelligence research laboratory.

Principals

target

OPENAI

bidder

Jp Morgan Investment Management

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Market Context

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Seller Team (1)

sam altman

CEO at OPENAI

Manager

target

Deals

£ 140.49 B

Total Value

Bidder Team (3)

richard birns

Partner at Gibson Dunn & Crutcher

Financial Advisor

bidder

Deals

£ 103.10 B

Total Value

dan alterbaum

Partner at Gibson Dunn & Crutcher

Financial Advisor

bidder

Deals

£ 15.72 B

Total Value

matt leblanc

CIO at JP MORGAN INVESTMENT MANAGEMENT

Investor

bidder

Deals

£ 4.72 B

Total Value

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