Blackstone, KKR Consider Google Deal in Surge of AI Tie-Ups (1)

Blackstone Inc. and KKR & Co. are in talks with Alphabet Inc. to give the companies they own access to Google’s artificial intelligence models, according to people familiar with the matter.

The talks come as OpenAI and Anthropic PBC are each partnering with alternative asset managers to form AI consultancies that will turn private equity-backed firms into a new revenue source for AI companies.

In addition to Blackstone and KKR, Alphabet is also in discussions with private equity firm EQT AB, the people said, asking not to be identified as the discussions are confidential. The discussions aren’t exclusive, ...