Blackstone, the world's largest alternative asset management company, is further increasing its investment in the artificial intelligence sector, with plans to raise its investment in Anthropic to approximately 1 billion US dollars.
According to foreign media reports, $Blackstone (BX.US)$ Plans to increase investment in Anthropic PBC, an artificial intelligence company, have been announced. According to sources familiar with the matter, Blackstone's stake will rise to approximately $1 billion based on the startup's current valuation.
These individuals stated that as part of Anthropic's ongoing funding round, the world’s largest alternative asset management firm will inject $200 million at a valuation of $350 billion. The sources requested anonymity as the information has not yet been made public. Anthropic, the developer of the Claude AI model, has more than doubled its initial fundraising target of $10 billion amid strong investor demand.
Representatives from Blackstone and Anthropic declined to comment. The funding round has not officially closed, and details regarding timing or terms may still change.
This investment comes less than a year after Blackstone participated in Anthropic’s previous funding round. At that time, the OpenAI competitor raised $13 billion at an $183 billion valuation. In the current round, Anthropic has secured commitments of at least $1 billion each from Coatue Management, Singapore’s GIC Pte, and Iconiq Capital, and is also set to raise up to $15 billion from strategic investors, $NVIDIA (NVDA.US)$ and $Microsoft (MSFT.US)$ Bloomberg News previously reported.
Bloomberg reported earlier on Tuesday that MGX of Abu Dhabi is nearing an agreement to join this funding round.
According to people familiar with the matter, Blackstone's latest contribution will again primarily come from its Blackstone Private Equity Strategies Fund (BXPE), which targets retail investors. The sources requested anonymity as the details remain undisclosed.
As one of the backers of OpenAI, this investment positions Blackstone among Anthropic's largest non-venture capital or sovereign investors. Meanwhile, OpenAI is also negotiating a new funding round totaling $100 billion, which could set another record, while both companies are advancing plans related to their IPOs.
Editor/Doris
