Anthropic is seeking to set up a joint venture with Wall Street firms including Blackstone and Goldman Sachs to sell AI tools to private equity investment firms, the Wall Street Journal (WSJ) reported on May 3 (local time).
People familiar with the matter expect an announcement on the joint venture as early as May 4.
Anthropic, Blackstone and Hellman & Friedman would each invest about $300 million in the joint venture. Goldman Sachs would also invest about $150 million and join as a founding investor. Other companies, including General Atlantic, are expected to participate. Total investment commitments are expected to reach about $1.5 billion.
The joint venture will serve as Anthropic’s consulting arm. It will support companies, including private equity portfolio companies, in adopting AI across operations. Private equity investment firms are already focused on improving efficiency and cutting costs, and are seen as active adopters of AI tools.
OpenAI has also been discussing setting up a similar joint venture with private equity firms to expand the adoption of its AI tools.
Chi-gyu Hwang
delight@d-today.co.kr