Anthropic is teaming up with private equity firms to accelerate enterprise AI adoption while also entering the intensifying competition for power and semiconductor infrastructure.
Bloomberg and The Wall Street Journal reported on Monday that Anthropic is in talks to invest about $200 million in a new venture. This initiative aims to support enterprise AI deployment in collaboration with major private equity firms.
Private equity firms, including General Atlantic, Blackstone, and Hellman & Friedman, are considering participating in the project. The Wall Street Journal reported that the total investment could reach up to $1 billion.
The new entity will serve as Anthropic’s consulting arm and distribution channel to promote AI adoption among the private equity firms’ portfolio companies. These firms, under pressure to cut costs, view AI as a high-demand solution and an efficient way to deploy technology across their portfolios.
This move comes as competition with OpenAI for corporate clients intensifies. OpenAI is pursuing a similar joint venture model and is also considering deploying engineers directly to corporate sites.
At the same time, Anthropic is ramping up efforts to secure infrastructure to meet surging demand. The company’s annualized revenue has increased from $9 billion at the end of last year to more than $30 billion recently. It now has more than 1,000 corporate clients, each spending over $1 million annually.
Bloomberg reported that Anthropic is working with Broadcom and Google to secure AI computing power. The companies plan to acquire about 3.5 gigawatts (GW) of computing capacity starting in 2027. This is equivalent to the output of three to four nuclear power plants and represents AI data center infrastructure worth tens of billions of dollars.
Broadcom has signed a long-term contract through 2031 to design and supply AI chips based on Google’s Tensor Processing Units (TPUs). This move signals a growing push to develop alternatives in the NVIDIA-dominated AI chip market.
The AI race is expanding beyond software development to encompass distribution strategies for enterprise adoption, alongside a parallel race for power and semiconductor infrastructure.
However, Anthropic faces ongoing legal challenges involving the U.S. Department of Defense over supply chain risk designation issues. This has created uncertainty, leading some corporate clients to reconsider their partnerships with the company.