Newsletters
Anthropic is in the final stages of forming a joint venture valued at approximately $1.5 billion with a group of Wall Street firms, including Blackstone and Goldman Sachs, according to The Wall Street Journal.
The deal, expected to be announced on Monday, is structured to expand the AI company's reach into businesses backed by private equity.
It is a move that reflects the company's broader push to consolidate its position in the enterprise market.
According to the WSJ report, Anthropic, Blackstone, and Hellman & Friedman are anchoring the venture and are each expected to contribute roughly $300 million.
Goldman Sachs is set to join as a founding investor, committing around $150 million. General Atlantic and several other firms are also participating, bringing total expected commitments to approximately $1.5 billion.
The new entity is envisioned as a consulting arm for Anthropic, tasked with helping businesses—including the portfolio companies of the participating private equity firms—integrate artificial intelligence into their day-to-day operations.
The WSJ had previously reported that Anthropic was planning to invest roughly $200 million in the project.
The joint venture signals Anthropic's intent to deepen its foothold in the enterprise segment of the AI industry.
Private equity-backed companies represent a prime target for AI adoption, the report noted, given that many of those businesses are already focused on improving operational efficiency and reducing costs.
Anthropic is widely regarded as a leading AI provider in the enterprise market, according to the report.
The structure of the deal—pairing Anthropic's technology with the portfolio reach of major private equity firms—positions the venture as a direct mechanism for scaling AI adoption across dozens or potentially hundreds of companies simultaneously.
Rather than selling products to individual clients, the joint venture would function as a centralized implementation and advisory operation embedded within established investment networks.
Anthropic is not alone in pursuing this strategy. OpenAI has also been in discussions to form a competing joint venture with private equity firms, according to the report, to accelerate the adoption of its AI tools among enterprise clients.
Both companies have identified businesses backed by private equity as a key growth segment.
The parallel moves by the two largest U.S. AI developers reflect a broader industry shift from consumer-facing products toward structured enterprise deployment.
Private equity firms, which collectively oversee thousands of portfolio companies across industries, offer a scalable channel for AI integration that individual enterprise sales efforts would struggle to match.
The joint venture announcement, if it proceeds as described, would come at a moment when Anthropic is seeking to solidify both its market position and its financial profile ahead of any public offering.
Set as preferred source
Set as preferred source
1 min read
1 min read
