Anthropic Nears $1.5B Joint Venture Deal with Blackstone
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Anthropic is nearing a deal with Blackstone (BX), Goldman Sachs (GS), and other Wall Street firms to form a $1.5B joint venture that would market AI tools to private equity-backed companies, with an announcement expected as soon as Monday, The Wall Street Journal's Lauren Thomas and Berber Jin report. According to people familiar with the matter, Anthropic, Blackstone and Hellman & Friedman are anchoring the deal and are each expected to invest roughly $300M, while Goldman is expected to be a founding investor and put in around $150M. OpenAI is also in talks to form a rival joint venture with private-equity firms, as both AI companies target businesses.
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Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 122.720
Low
166.00
Averages
176.60
High
205.00
Current: 122.720
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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