Anthropic Nears $1.5 Billion AI Joint Venture With Wall Street Firms

Anthropic is reportedly nearing a roughly $1.5 billion joint venture with Blackstone, Goldman Sachs, Hellman & Friedman, and other Wall Street firms to sell AI tools to private-equity-backed companies. "The investors aim to create a company that acts as a consulting arm for Anthropic and helps teach businesses -- including the private-equity firms' portfolio companies -- how to incorporate AI across their operations," reports the Wall Street Journal. Anthropic, Blackstone, and Hellman & Friedman would each invest about $300 million, while Goldman would contribute around $150 million.