Anthropic and OpenAI launch rival enterprise AI ventures

2 articles · Updated · TechCrunch · May 4

Anthropic said its venture is valued at $1.5 billion with Blackstone, Hellman & Friedman and Goldman Sachs, while OpenAI is raising $4 billion at a $10 billion valuation.
Both structures tap alternative asset managers to win enterprise AI contracts, offer preferred access to portfolio companies and fund more customised engineering support for clients.
The moves extend OpenAI's earlier deployment push and come as both labs pursue huge fundraising rounds and weigh possible IPOs amid intensifying competition for business customers.

Will OpenAI's new deployment company make its consulting partners like BCG and McKinsey its biggest competitors?

Is OpenAI's $10B bet on human engineers an admission that its powerful AI can't integrate itself into the real business world?