Anthropic and OpenAI announce corporate artificial intelligence projects
Anthropic and OpenAI have announced partnerships with major investors to launch corporate artificial intelligence products. Anthropic has established a new joint venture focused on corporate services, backed by firms like Blackstone, Hellman & Friedman, and Goldman Sachs, with the venture valued at $1.5 billion. Both Anthropic and OpenAI are investing $300 million in the project, while OpenAI is preparing to raise $4 billion for its own venture, named The Development Company, which is valued at $10 billion. The primary goal of these initiatives is to attract funding from asset management firms and create new channels for corporate AI agreements.
Anthropic and OpenAI have launched partnerships with major investors to bring corporate artificial intelligence products to market. Anthropic has announced the formation of a new joint venture focused on corporate services. This was reported by Techcrunch.com xabar.
The founders of the new project include major companies such as Blackstone, Hellman & Friedman, and Goldman Sachs. According to The Wall Street Journal, the venture is valued at 1.5 billion dollars.
Anthropic, Blackstone, and Hellman & Friedman will invest 300 million dollars each into the project.
Meanwhile, OpenAI is preparing to take a similar step. According to Bloomberg, the company is raising funds for a new venture called The Development Company.
The OpenAI project is valued at 10 billion dollars, with plans to raise 4 billion dollars from 19 investors.
The primary goal of both projects is to attract funding from alternative asset management firms to create new channels for corporate artificial intelligence deals. The new investments will be directed toward increasing engineering resources and developing tools tailored to employee workflows.
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