Business · TechCrunch AI
Anthropic and OpenAI are both launching joint ventures for enterprise AI services
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
On Monday, Anthropic announced a joint venture focusing on deploying enterprise AI services.
Key facts
- OpenAI’s venture would operate at a larger scale, raising $4 billion from 19 investors against a $10 billion valuation
- The Wall Street Journal, which first reported news of the partnership, reported the new venture was valued at $1.5 billion, which includes a $300 million commitment each from Anthropic, Blackstone
- OpenAI announced $122 billion in new funding at the end of March, against a valuation of $852 billion
- On Monday, Anthropic announced a joint venture focusing on deploying enterprise AI services
Summary
The Wall Street Journal, which first reported news of the partnership, reported the new venture was valued at $1.5 billion, which includes a $300 million commitment each from Anthropic, Blackstone, and Hellman & Friedman. The announcement comes as Anthropic’s chief rival is preparing to make a similar move. The overall logic of the two ventures is the same, raising money from alternative asset managers to create new channels for enterprise AI deals. The new capital will also allow more engineering resources to be devoted to each individual, embracing the forward-deployed engineer (FDE) model popularized by Palantir.