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Anthropic Commits $200 Million To AI Venture With Private Equity Titans
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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. Don't Miss: This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available 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. OpenAI is exploring a similar partnership model with private-equity firms TPG, Advent International, Bain Capital and Brookfield Asset Management to accelerate adoption of its own software, Reuters reported last month. With a pre-money valuation of approximately $10 billion, the deal could help OpenAI fast-track its entry into the corporate market while offering private equity firms a way to support portfolio companies facing AI-driven disruption. OpenAI has shifted its Chief Operating Officer, Brad Lightcap, to that internal project, known inside the company as DeployCo, the WSJ reported. Trending: What If Tires Didn't Need Air — Or Replacing? This Startup Says It's Possible In February, Fidji Simo, an executive at OpenAI made a post on X describing a plan to send engineers into companies to help staff learn and apply the technology. "We are launching a dedicated deployment arm tasked with embedding Forward Deployed Engineers deeply inside of enterprises. This project has been in the works with our investor and alliance partners since last December, and we are grateful for them and their partnership." "We're still early, but the speed of adoption is a clear signal of where this is headed. We’re excited to not just be building these technologies but also building many ways for companies to deploy them and get impact," Simo wrote. Read Next: Most Investors Can't Access These Real Estate Deals — But Accredited Investors Can Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors Photo: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga: APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report
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