Anthropic is set to finalize a deal involving a new joint venture with major Wall Street firms including Goldman Sachs, Blackstone and others.
Under the much-anticipated deal, the US-based artificial intelligence company will sell AI tools to private-equity-backed companies, people familiar with the matter have revealed.
In terms of investment, each company including Anthropic, Hellman & Friedman and Blackstone will invest around $300 million as per the report. Wall Street Journal.
Other companies like General Atlantic, which are also part of the deal, are ready to pay about Rs 1.5 billion, the sources said.
According to the report, Goldman Sachs is set to become a founding investor, investing around $150 million. The final deal is expected to be announced on Monday.
The aim of the deal revolves around creating a company as a consulting arm for Anthropic and other businesses, helping them integrate AI into their operations.
News Corp., owner of The Wall Street Journal, has a content-licensing partnership with OpenAI.
The joint venture deal could be seen as a way to compete with OpenAI as the tech company has been involved in talks with private-equity firms to form a rival joint venture aimed at accelerating the adoption of its AI tools.
When it comes to enterprise market competition, Anthropic holds a significant dominance and OpenAI is still lagging behind in this field. But both are focusing their efforts on selling their AI tools to businesses. By early 2026, data shows that Anthropic’s cloud is winning nearly 70% of new business matches against OpenAI in the professional sector.
Anthropic is also looking for a public listing and this month, the company’s revenue has increased due to the success of Cloud Code.
