Anthropic plans to launch a European consulting firm

Anthropic plans to start a consulting company in Europe to help businesses use artificial intelligence (AI). The British investment company Hg is helping Anthropic set up the new firm. Together, they hope to build a company worth more than $10 billion within five years.

According to the Financial Times, this is the first time a company that makes AI models has started a separate business focused on helping European companies use AI. Sources say the new firm will send AI consultants and engineers to work directly inside European businesses. These engineers will either lead the design of new AI systems or help companies with AI projects they have already started.

AI companies are starting their own consulting firms, which could create new competition for traditional IT consulting companies. These older consulting firms have already been expanding their services to help customers put AI into use.

Last year, Anthropic worked with two private equity firms, Blackstone and Hellman & Friedman, to start a similar consulting company called Ode. The companies invested $1.5 billion in it.

In May, OpenAI started the OpenAI Deployment Company. Its goal is to help more businesses start using OpenAI's products more quickly. With this new project, Anthropic will now have its first separate consulting company based in Europe.

Offices in London and Berlin

The new company is expected to start working before the end of 2026. It will have offices in London and Berlin and will work with software companies that make products for businesses.

Anthropic is looking for new ways to make money because it is spending large amounts on data centers, which provide the computing power needed for AI. The company also wants to attract support for its planned large initial public offering (IPO), when it would sell shares to the public for the first time. These plans come at a time when more people are worried that AI companies may be valued too highly.