AI Daily: Anthropic in talks to buy AI chips from Fractile

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.

AI CHIPS: Anthropic is in early talks to buy AI inference chips from U.K.-based Fractile when they become available in 2027, The Information’s Stephanie Palazzolo and Anissa Gardizy report.

SIERRA: Bret Taylor’s AI startup Sierra said it is raising $950M from new and existing investors, led by Tiger Global and GV, at a valuation of over $15B. Sierra now has more than $1B to invest in becoming the global standard for companies wanting to transform their customer experiences with AI, the company said. “We have never had such conviction in the opportunity for Sierra and our customers. Just a couple of years ago, we had four design partners,” the company added. “Now, Sierra is serving over 40% of the Fortune 50, and agents built on our platform are powering billions of customer interactions – everything from refinancing homes to processing insurance claims, returning orders, and helping people raise millions in fundraisers.”

EXPANDED ENTERPRISE RELATIONSHIP: The Baldwin Group announced an expanded enterprise relationship with Anthropic to deploy its advanced AI assistant, Claude, across the firm. This is a significant acceleration of the company’s AI-driven transformation and a strengthening of its commitment to delivering differentiated client and colleague experiences at scale. Baldwin will integrate Claude across its segments and functional business groups, equipping advisors, client experience, and operational leaders with a secure, enterprise-grade AI platform designed to enhance productivity, accelerate decision-making, and support complex, end-to-end workflows. Baldwin will look to Claude to augment the deep expertise of the firm’s professionals, who bring an exceptional level of insight, tailored client service, and impactful risk management solutions to clients and the broader industry every day. During the firm-wide rollout, initial use cases will focus on enabling frontline advisors and client teams to more efficiently analyze risk, synthesize client information, and support tailored insurance solutions, while also empowering business leaders to optimize operational processes through AI-driven insights and automation. Over time, Claude’s capabilities will extend to more advanced, agentic workflows that support end-to-end process execution across Baldwin’s platform.

AI SERVICES FIRM: Anthropic, Blackstone (BX), Hellman & Friedman, and Goldman Sachs (GS) announced the formation of a new AI-native enterprise services firm that will work with companies to bring Claude into their core business operations. The new firm is a standalone entity with Anthropic engineering and partnership resources embedded directly within its team. Krishna Rao, Chief Financial Officer of Anthropic, said: “Enterprise demand for Claude is significantly outpacing any single delivery model. Our partnerships with the world’s leading systems integrators are central to how Claude reaches large enterprises. This new firm brings additional operating capability to the ecosystem and capital from leading alternative asset managers. We are proud to build it alongside Blackstone, Hellman & Friedman, Goldman Sachs, and our other partners.”