AI BriefingAnthropic's New Consulting Venture Makes Its First Acquisition
Key point
An AI consulting venture founded by Anthropic, Blackstone, and others has made its first acquisition, acquiring Fractional AI.
Details
An AI enterprise services venture co-founded by Anthropic, Blackstone, and Hellman & Friedman has made its first move by acquiring San Francisco-based Fractional AI.
This acquisition brings an end to Fractional AI's 11-month partnership with OpenAI. The venture's core goal is to help small and medium-sized businesses effectively adopt and utilize generative AI models such as Anthropic's Claude.
Major global investment firms including Apollo Global Management, General Atlantic, and Sequoia Capital are participating in this new services company. They plan to prioritize support for portfolio companies of asset managers, maximizing operational efficiency and closing technology gaps through generative AI.
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