PANews reported on March 16 that, according to sources, OpenAI is in advanced talks with TPG, Bain Capital, Advent, and Brookfield to form a joint venture to distribute its artificial intelligence products. Sources also indicated that the private equity firm may commit to investing $4 billion in equity in the $10 billion joint venture. Sources revealed that OpenAI intends to offer preferred stock in the joint venture, while Anthropic has proposed offering common stock.