Artificial intelligence company Anthropic is approaching the completion of a major $1.5 billion partnership with several prominent Wall Street investment firms, according to a Sunday report from the Wall Street Journal. Sources with knowledge of the negotiations say the joint venture will focus on marketing AI technology solutions to businesses that receive private equity backing.
The partnership will be led by Anthropic, investment giant Blackstone, and Hellman & Friedman, with each of these three companies planning to contribute approximately $300 million to the venture, according to the report. Goldman Sachs is also expected to join as a founding partner, with plans to invest roughly $150 million in the initiative.
Reuters has not been able to independently confirm the details of this reported deal.
