Anthropic Seals Joint Venture with Blackstone, Goldman Sachs Amid AI Push Into Private Equity (UPDATED)

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(Editor’s note: The headline and story has been updated to include Anthropic’s announcement)

Anthropic has sealed a joint venture with several top Wall Street firms, including Blackstone (NYSE:BX) and Goldman Sachs (NYSE:GS), the companies announced on Monday.

The companies did not disclose financial details on the deal. However, Anthropic, Blackstone, and Hellman & Friedman are expected to be the main investors, each contributing about $300 million, the Wall Street Journal earlier reported.

Goldman Sachs is also expected to be a founding investor, with a contribution of around $150 million, as per the report. Other firms, including General Atlantic, are part of the deal, bringing the total expected investment to about $1.5 billion.

The investors aim to establish a company that will act as a consulting arm for Anthropic. This new entity will help businesses, including the private-equity firms’ portfolio companies, integrate AI …

Full story available on Benzinga.com

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