Anthropic nears $1.5 billion AI joint venture with Wall Street firms: Report

Anthropic is finalising ​an about $1.5 billion ‌joint venture with ​Blackstone, ⁠Goldman Sachs and a handful of other ‌Wall Street firms to ‌sell artificial-intelligence tools ‌to ⁠private-equity-backed companies, the ⁠Wall Street Journal reported on Sunday, ​citing people ‌familiar with the matter.

Anthropic, Blackstone and Hellman & Friedman ‌are anchoring the ​deal, and each company ⁠is expected to invest roughly $300 million, ‌the report said, adding that Goldman Sachs is also set to ‌be a founding ​investor, putting in around $150 ⁠million.