Anthropic and OpenAI Launch Joint Ventures for Enterprise AI Services
Both Anthropic and OpenAI are launching joint ventures focused on enterprise AI services, backed by major investors. Anthropic's venture is valued at $1.5 billion with a $300 million commitment from each of its founding partners, while OpenAI’s new initiative has raised $4 billion against a $10 billion valuation.
Tickers: $APO $BAM $BX $GS $TPG