07:04 AM EDT, 03/23/2026 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI is offering private-equity firms a sweeter deal than Anthropic as the rival artificial intelligence companies court buyout firms to establish joint ventures aimed at raising fresh capital, Reuters reported Monday, citing people familiar with the talks.

The ChatGPT maker is offering private-equity firms a guaranteed minimum return of 17.5%, which the Reuters sources said was notably higher than typical preferred instruments.

OpenAI is also offering early access to its latest AI models as it seeks to enlist TPG, Advent and other investors for its joint venture, the news agency reported, citing three sources.

Microsoft ( MSFT ) has invested billions into OpenAI.

OpenAI and Anthropic did not immediately reply to MT Newswires' request for comment.

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