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AI & Enterprise

Anthropic-led joint venture buys Fractional AI to step up custom enterprise AI services

An AI services venture jointly funded by Anthropic, Blackstone and Hellman & Friedman has acquired San Francisco-based applied AI services firm Fractional AI, SiliconANGLE reported on May 21. The deal value was not disclosed. The venture is backed by $1.5 billion in total commitments from Anthropic, Blackstone, Hellman & Friedman and Goldman Sachs to help mid-sized companies adopt Claude for core business work.

AI & Enterprise

AI-era SI business emerges as major tech firms launch FDE push

Views on software customization in enterprise software are shifting as AI agents spread, with some in the industry saying optimization is becoming a future-defining keyword. Calls are growing for system integration-style work to build software to customer needs, with some arguing AI agents without customization struggle in enterprise markets. Major AI firms are expanding hiring of forward deployed engineers and forming joint ventures to support deployments, while executives say deploying agents is complex and requires deep process understanding.

AI & Enterprise

OpenAI, Anthropic set up AI joint ventures with private equity firms to battle for enterprise market

OpenAI and Anthropic are setting up joint ventures to target the enterprise market. Anthropic said on May 4 it will form a venture focused on corporate AI services with Blackstone, Hellman & Friedman and Goldman Sachs, alongside other investors. The Wall Street Journal put the venture’s valuation at $1.5 billion. Bloomberg reported OpenAI is raising $4 billion for The Development Company at a $10 billion valuation.