Anthropic-led joint venture acquires Fractional AI... fully ramps up custom AI services for enterprises

An AI services joint venture backed by Anthropic, Blackstone, and Hellman & Friedman acquired applied-AI firm Fractional AI.

The venture, funded by $1.5 billion in capital, will help mid-sized companies adopt Claude.

It plans to place engineers inside customer organizations to redesign legacy systems and accelerate rollout.

The move underscores intensifying competition to bring generative AI into real enterprise workflows.