Anthropic is gearing up to invest $200 million in a new venture that plans to sell artificial intelligence tools to portfolio companies.
The Wall Street Journal reported the initiative is being discussed with large buyout groups including General Atlantic, Blackstone and Hellman & Friedman.
The broader fundraising target under discussion is $1 billion, including Anthropic’s $200 million.
The new company would serve as a consulting arm for Anthropic and would focus on getting the company’s AI tools embedded in day-to-day operations. The new entity would show management teams how to work the AI products into workflows rather than simply selling subscriptions.
The move comes as AI developers compete to convert corporate interest in automation into recurring revenue.
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