Anthropic launches enterprise AI services joint venture; Bloomberg reports OpenAI is preparing a similar vehicle

Anthropic has launched a joint venture intended to accelerate enterprise deployments of its AI services, naming Blackstone, Hellman & Friedman, and Goldman Sachs as founding partners. Separately, sources reported that OpenAI is finalizing a similar initiative.

Anthropic’s joint venture Anthropic said Blackstone, Hellman & Friedman, and Goldman Sachs will serve as founding partners in the new entity.

The Wall Street Journal, which first reported the partnership, said the venture is valued at $1.5 billion and that Anthropic, Blackstone, and Hellman & Friedman are each committing $300 million.

Anthropic also said the venture has backing from other venture capital, hedge fund, and private equity firms, including Apollo Global Management and Sequoia Capital.

OpenAI’s reported plans sources reported that OpenAI is finalizing a similar venture called The Development Company.

According to sources, the initiative is seeking to raise $4 billion from 19 investors and would value the new entity at $10 billion. sources named TPG, Brookfield Asset Management, Advent, and Bain Capital among the investors.

Why these structures matter The arrangements are described as a way to give investors preferred access to sell AI services into their portfolio companies. If implemented as reported, they could create additional channels for enterprise AI deals and add engineering resources focused on client implementations.