Anthropic is nearing a deal with Blackstone (BX), Goldman Sachs (GS), and other Wall Street firms to form a $1.5B joint venture that would market AI tools to private equity-backed companies, with an announcement expected as soon as Monday, The Wall Street Journal’s Lauren Thomas and Berber Jin report. According to people familiar with the matter, Anthropic, Blackstone and Hellman & Friedman are anchoring the deal and are each expected to invest roughly $300M, while Goldman is expected to be a founding investor and put in around $150M. OpenAI is also in talks to form a rival joint venture with private-equity firms, as both AI companies target businesses.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BX:
- The Week That Was, The Week Ahead: Macro and Markets, May 3
- Texas Instruments, Nasdaq, Blackstone, ON, Gevo Insider Shakeup
- Blackstone Stock (BX) Flat as Investor Appetite for Flagship Fund Wanes
- Blackstone put volume heavy and directionally bearish
- Blackstone price target raised to $130 from $122 at Piper Sandler
