Anthropic is nearing a $1.5 billion (£1.1 billion) joint venture with major Wall Street firms, marking one of the most significant institutional pushes yet into enterprise-focused artificial intelligence.
According to reporting cited by theWall Street Journal, the deal involves financial heavyweights including Blackstone and Goldman Sachs, alongside other partners, as they seek to integrate advanced AI tools into private equity-backed companies.
The initiative positions AI not just as a productivity tool, but as a core operational layer for investment analysis, portfolio management, and corporate decision-making across private markets.
Under the structure of the proposed venture, Anthropic, Blackstone, and Hellman & Friedman are expected to serve as anchor investors, each contributing approximately $300 million (£222 million), according to the report. Goldman Sachs is also set to participate as a founding investor, committing around $150 million (£111 million).
The remaining capital is expected to come from additional Wall Street firms, bringing the total to roughly $1.5 billion.
While final terms are still being finalised, the scale of participation signals growing confidence in AI's ability to reshape financial infrastructure at the institutional level.
Industry observers say the structure of the deal reflects a broader trend: rather than simply investing in AI startups, major financial firms are now seeking direct ownership stakes in AI systems tailored specifically to their operations.
The proposed partnership is centred on deploying AI tools designed for private equity-backed companies, a sector that manages trillions of dollars globally and relies heavily on data analysis, forecasting, and operational optimisation.
The venture is expected to focus on embeddingAnthropic's large language modelsinto financial workflows, enabling faster due diligence, risk modelling, and performance tracking.
This shift reflects intensifyingcompetition between leading AI firms, including Anthropic and OpenAI, as both race to dominate enterprise deployment rather than consumer-facing products.
Source: International Business Times UK
