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MN-25021

OpenAI / TomoroMN-25021

View on ACCC

Processing timeline

28

days

Filed

12 May 2026

OpenAI-Tomoro - Phase 1 determination

Decision

9 June 2026OpenAI-Tomoro - Phase 1 determination
Type
Notification
Outcome
Approved
Stage
Phase 1 - initial assessment
Status
Assessment completed

Parties

Acquirer(s)

OpenAI Group PBC Delaware file number - 10381551

Target(s) or Vendor(s)

Tomoro AI Ltd UK Companies House registration number - 15208678

Other parties

OpenAI Foundation Delaware file number - 5902936

Summary

OpenAI Group PBC, controlled by OpenAI Foundation, acquired 100% of shares in Tomoro AI Ltd. This transaction involves an AI foundation model developer acquiring an AI delivery consultancy that implements AI solutions, particularly those based on OpenAI's models. The deal is in the data processing and computer system design sectors.

Acquisition details

OpenAI Group PBC, an entity controlled by the OpenAI Foundation ( OpenAI ), or another entity controlled by OpenAI, proposes to acquire 100% of the shares in Tomoro AI Ltd ( Tomoro ). OpenAI develops artificial intelligence ( AI ) foundation models, including its GPT family of models, as well as foundation model-based services, including ChatGPT. Tomoro is an AI delivery consultancy that helps businesses implement AI solutions built around commercially available generative AI technology (with a focus on OpenAI's models). Tomoro helps businesses to improve the use of AI within the business and provides assistance with building in-house solutions (based on existing commercial foundation models) for specific business needs.

Industry

Broad:Technology, Media & TelecomsANZSIC 5921:Data Processing and Web Hosting ServicesANZSIC 7000:Computer System Design and Related Services

Decisions and key events

9 June 2026OpenAI-Tomoro - Phase 1 determinationAttachmentPDF154.7 KB

Other documents

13 May 2026Questionnaire - OpenAI - TomoroAttachmentDOCX110.1 KB

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