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Anthropic and Blackstone launch Ode, a $1.5B AI implementation joint venture
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Anthropic and Blackstone launch Ode, a $1.5B AI implementation joint venture
Anthropic and private equity firms have formed Ode, an AI services company focused on deploying artificial intelligence into enterprise operations.
- Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs launched Ode in May with $1.5 billion in funding.
- Ode acquired AI engineering startup Fractional AI shortly after the joint venture was announced.
- Chris Taylor, CEO of Ode and Fractional co-founder, said the company could become a trillion-dollar business if execution succeeds.
- Ode will operate on a "Claude-first" principle but will use rival AI products when necessary.
TopicsArtificial IntelligenceInvestmentstechnologyStartupsAcquisitions MergersBusiness and FinanceAI Infrastructure
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