Artificial intelligence firm Anthropic is close to forming a $1.5 billion joint venture with major Wall Street players, including Blackstone and Goldman Sachs, aimed at expanding AI adoption among private equity-backed companies

Artificial intelligence startup Anthropic is nearing the formation of a $1.5 billion joint venture with major Wall Street firms, including Blackstone and Goldman Sachs, as it pushes deeper into enterprise adoption of AI tools.

The proposed venture will focus on selling artificial intelligence solutions to companies owned by private equity firms, a segment increasingly seen as a high-growth market for productivity and cost optimisation, the New York Times reported.

The deal is expected to include participation from other investment firms such as Hellman & Friedman and General Atlantic, reflecting strong institutional interest in scaling AI deployment across portfolio companies.

Under the structure being discussed, Anthropic, Blackstone, and Hellman & Friedman are each expected to invest around $300 million, while Goldman Sachs is expected to contribute approximately $150 million as a founding investor.