OpenAI, Anthropic, and Wall Street Form Joint Venture

OpenAI and Anthropic are separately forming joint ventures with the world's most influential financial institutions, seizing the opportunity to take the lead in the race to push for the broader application of artificial intelligence tools.

According to media reports on Monday, OpenAI has raised over $4 billion from 19 investors including TPG, Brookfield Asset Management, Advent, and Bain Capital, to establish a company specifically aimed at helping businesses leverage the value of their AI software. The new joint venture of OpenAI will have partners with more than 2000 portfolio companies and customers, with the goal of leveraging these relationships to encourage more business adoption of artificial intelligence technology.

People with knowledge of the matter disclosed that the name of OpenAI's new joint venture is "The Deployment Company". This financing round values the new company at $10 billion (excluding the funds raised itself), and OpenAI will hold a majority stake in the company and keep control.

Minutes after OpenAI's announcement, its competitor Anthropic immediately declared a partnership with Blackstone Group, Hellman & Friedman, and Goldman Sachs Group to form a similar company.

The launch of these two initiatives coincides with the rise of the "frontline deployment engineer" position—almost every AI model developer is actively recruiting such talent, who explain to businesses how AI software can optimize their business operations. The core goal is to promote the larger-scale implementation of AI technology—this technology has cost AI companies billions of dollars in research and development, and companies are still striving to achieve profitability.

For both OpenAI and Anthropic, increasing application ubiquity has become an increasingly urgent task, with both companies aiming to complete their IPOs as soon as this year.