ANTHROPIC X OPENAI
AI labs found the company card
Anthropic has announced a new joint venture aimed at helping companies roll out enterprise AI services.
The venture’s founding partners include Blackstone, Hellman & Friedman, and Goldman Sachs.
It is also backed by investors such as Apollo Global Management, General Atlantic, GIC, Leonard Green, and Sequoia Capital.
According to The Wall Street Journal, the new venture is valued at $1.5bn, with Anthropic, Blackstone, and Hellman & Friedman each committing $300m.
The move comes as OpenAI is reportedly preparing a similar project called The Development Company.
Bloomberg reported that OpenAI’s version could raise $4bn from 19 investors, with a valuation of around $10bn.
Its named investors include TPG, Brookfield Asset Management, Advent, and Bain Capital.
In brief:
Anthropic’s new venture is reportedly valued at $1.5bn.
OpenAI is reportedly planning a similar $10bn venture.
Both moves suggest enterprise AI is becoming less about selling tools and more about building customised systems inside companies.
The enterprise buffet opens
Both ventures appear to follow the same basic idea: use large investment firms to open new routes into enterprise AI deals.
These firms have access to wide portfolios of companies, which could make it easier for Anthropic and OpenAI to sell AI tools directly into businesses.
The extra funding could also support more hands-on engineering work with clients, following a model often linked to Palantir.
Instead of simply selling software, teams could work directly with companies to build AI tools that fit existing workflows.
For example, Anthropic said a project could involve engineers working with clinicians and IT teams to design tools that fit how healthcare staff already work.
The bigger picture is that both Anthropic and OpenAI are still raising large amounts of capital while expanding further into enterprise AI.
DISTURBANCE! In the spreadsheets. - MG