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Report: Anthropic, Wall Street Firms to Form USD1.5B JV to Sell AI Tools
The Wall Street Journal, citing sources, reported that Anthropic intends to establish a new joint venture with Blackstone Inc. (BX.US), Hellman & Friedman and several other Wal...
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Report: Anthropic, Wall Street Firms to Form USD1.5B JV to Sell AI Tools
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The Wall Street Journal, citing sources, reported that Anthropic intends to establish a new joint venture with Blackstone Inc. (BX.US)      , Hellman & Friedman and several other Wall Street firms. The joint venture will serve as Anthropics advisory arm, helping enterprises learn how to integrate artificial intelligence into their business operations and sell AI tools.

It is understood that each company is expected to invest about USD300 million in the joint venture, while Goldman Sachs Group, Inc. (The) (GS.US)      will also become a founding investor, contributing approximately USD150 million. General Atlantic and other firms are also participating, with total committed investment expected to reach about USD1.5 billion. (mn/u)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsInitial Jobless Claims for May/16 in the United States is 209K, lower than the previous value of 212K. The forecast was 210K.

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