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Blackstone, Hellman & Friedman, and Goldman Sachs will be founding partners in the new venture, which is backed by a group of VCs, hedge funds, and private equity firms.
Anthropic launched a $1.5 billion joint venture with Blackstone, Hellman & Friedman, and Goldman Sachs.
KEY POINTS
- Each of Anthropic, Blackstone, and Hellman & Friedman is committing $300 million to the venture.
- OpenAI is concurrently raising $4 billion for a similar venture called The Development Company.
- There is no overlapping investor participation between Anthropic's and OpenAI's new enterprise AI ventures.
- Anthropic will use the FDE model, embedding engineers directly with end-user teams to build tailored tools.
COMPANIES
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