Anthropic and OpenAI are both launching joint ventures for enterprise AI services | TechCrunch
Briefly

Anthropic and OpenAI are both launching joint ventures for enterprise AI services | TechCrunch
"The new venture was valued at $1.5 billion, which includes a $300 million commitment each from Anthropic, Blackstone, and Hellman & Friedman."
"The overall logic of the two ventures is the same, raising money from alternative asset managers to create new channels for enterprise AI deals."
"An engagement might begin with the company's engineering team sitting down with clinicians and IT staff to build tools that fit into the workflows that staff already use."
Anthropic has launched a joint venture valued at $1.5 billion, partnering with Blackstone and Hellman & Friedman. Each partner commits $300 million. The venture aims to deploy enterprise AI services, leveraging funds from various investors. OpenAI is also raising $4 billion for a similar initiative. Both ventures seek to create new channels for enterprise AI deals, providing preferred access to investors' portfolio companies. The new capital will enhance engineering resources, following the forward-deployed engineer model, to tailor solutions for mid-sized companies across industries.
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