Artificial intelligence (AI) corporations Anthropic is reportedly pushing to establish a joint venture with private equity managers.
The Wall Street Journal (WSJ) reported on Mar. 3 that Anthropic is finalizing a transaction to establish a joint venture with Wall Street private equity managers.
According to sources, three parties—Anthropic, private equity manager Blackstone, and Hellman & Friedman—are each expected to invest $300 million (about 440 billion won) to establish the joint venture.
Goldman Sachs also plans to invest $150 million (about 220 billion won), and additional investors including General Atlantic are expected to participate.
The total investment is estimated to reach about $1.5 billion (about 2.2 trillion won). The joint venture agreement could be announced as early as Mar. 5.
The joint venture is expected to focus on corporations backed by private equity and sell Anthropic's AI products to multiple corporations. This move is seen as a strategy to step up its push into the enterprise AI market.
Meanwhile, OpenAI is also reportedly pushing to establish a joint venture with private equity managers for a similar purpose. In the enterprise AI market, Anthropic is currently ahead, with OpenAI viewed as catching up.