"Anthropic to Establish AI Joint Venture with Blackstone and Goldman Sachs"
WSJ Reports Project Nearing Completion
Initial Investment Set at $1.5 Billion
OpenAI Also Pursuing Similar JV
An AI joint venture worth $1.5 billion (about KRW 2.21 trillion) is being planned by Anthropic, the operator of the AI coding tool Claude, in collaboration with Wall Street financial firms.
The Wall Street Journal (WSJ) reported on May 3 (local time), citing anonymous sources, that the joint venture (JV) project is in its final stages. Participants include Blackstone, Goldman Sachs, and Hellman & Friedman. The announcement is expected as early as May 4.
This project is expected to serve as a consulting business that supports the adoption of AI for private equity portfolio companies. The main investors will each contribute $300 million. The total investment is expected to reach $1.5 billion.
The joint venture will help companies apply AI across all areas of their operations. Private equity portfolio companies, where cost reduction and efficiency improvement are key priorities, are the main targets.
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OpenAI, the operator of ChatGPT, is also pursuing the establishment of a similar joint venture called DeployCo in partnership with private equity funds. According to a recent report by the Financial Times (FT), OpenAI will provide about $500 million of the initial $1.5 billion investment, with the remainder being funded by private equity capital.
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