Anthropic’s New Consulting Venture Makes Its First Acquisition

The new artificial intelligence enterprise services firm backed by Blackstone Inc., Anthropic PBC and Hellman & Friedman has picked a San Francisco firm called Fractional AI as the operational centerpiece of the as-yet unnamed venture.

With the tie-up, Fractional AI will end its 11-month partnership with OpenAI, according to people familiar with the terms of the deal.

It’s the first acquisition by the as-yet unnamed firm, created to encourage midsize companies to use generative AI, specifically Anthropic’s Claude, according to the people, who asked not to be identified discussing confidential information. Apollo Global Management Inc, General Atlantic ...