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Anthropic launches $1.5-bn JV with Wall Street firms to rival OpenAI
short by Sunny Sharma / on Tuesday, 5 May, 2026
Anthropic announced a joint venture with Wall Street firms Blackstone, Goldman Sachs and Hellman & Friedman to deploy enterprise AI services, reportedly valued at about $1.5 billion. Anthropic, Blackstone and Hellman & Friedman will each commit around $300 million as founding investors. This move comes as OpenAI is reportedly raising $4 billion at $10 billion valuation for a similar venture.
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