Brookfield Asset Management announced Monday that it has agreed to invest US$500-million in the OpenAI Deployment Company, a newly formed AI deployment platform established in partnership with OpenAI and a group of global investors.

The OpenAI Deployment Company is focused on helping large enterprises move from pilot AI applications to enterprise-wide deployment, with the goal of accelerating adoption and addressing bottlenecks tied to AI-driven productivity.

“Artificial intelligence will be a defining driver of productivity across the backbone of the global economy,” said Anuj Ranjan, CEO of Brookfield’s private-equity business. “We have already seen tremendous productivity gains from AI applications across our portfolio to date. The opportunity now is execution at scale – driving further growth and greater performance across a wider set of businesses and functions. We are pleased to partner with OpenAI to support the development of a platform that combines their leading AI technology with Brookfield’s operating expertise to drive transformation across essential industrial and services businesses globally.”

Brookfield Business Corporation, the flagship listed vehicle of Brookfield’s private equity business, will lead Brookfield’s investment in the partnership.

Brookfield said the transaction aligns with its longstanding focus on operational value creation and its strategy of expanding AI initiatives across its portfolio. The company said it expects to use the OpenAI Deployment Company’s capabilities throughout its operating companies and investment platform to accelerate productivity initiatives, improve decision-making and generate efficiency gains.

Brookfield’s announcement coincided with OpenAI unveiling the new standalone deployment company.

With the launch, OpenAI is expanding deeper into enterprise adoption. The OpenAI Deployment Company is backed by more than $4 billion in capital from private-equity investors led by TPG, alongside Advent International, Bain Capital, and Brookfield Asset Management.

The initiative is structured as a multi-year partnership with 19 investors, with OpenAI retaining majority ownership and control. The platform is designed to help organizations move beyond experimentation and embed AI into core business operations.

“AI is becoming capable of doing increasingly meaningful work inside organizations,” said Denise Dresser, chief revenue officer at OpenAI. “The challenge now is helping companies integrate these systems into the infrastructure and workflows that power their businesses. DeployCo is designed to help organizations bridge that gap and turn AI capability into real operational impact.”

As part of the launch, OpenAI is acquiring Tomoro, an AI consulting and deployment firm formed in 2023 in alliance with OpenAI. The acquisition will bring approximately 150 AI engineers and deployment specialists into the new unit, bolstering its ability to execute enterprise-scale implementations.

— With files from Joe Palmisano, Connect Money