Blackstone offered double-digit yield on Anthropic financing, FT reports - FINCHANNEL

Reuters carried the report early on October 17 and said it could not immediately verify the information.

The NYSE-listed asset manager’s shares had closed Friday down 2.37% at $106.61. The S&P 500 fell 1.09% and the Dow Jones Industrial Average declined 0.34% during the same session. That close preceded the Reuters dispatch.

Blackstone has already announced several AI partnerships this year. On May 18, it unveiled a Google joint venture to establish a U.S.-based company offering computing capacity through Google’s Tensor Processing Units, or TPUs, alongside data-center operations and networking.

Funds managed by Blackstone committed an initial $5 billion in equity to that venture. The announcement targeted the first 500 megawatts of capacity coming online in 2027, with further expansion planned. Google would supply hardware, software and services, while veteran Google infrastructure executive Benjamin Treynor Sloss was named chief executive.

The company described TPUs as custom chips designed for AI training and inference. The venture was intended to give customers another route to access them alongside Google Cloud’s existing offering. Blackstone said the Google venture would combine its investment in energy and digital infrastructure with Google’s technical expertise.

Blackstone also joined Anthropic, Hellman & Friedman and Goldman Sachs in announcing an enterprise AI services firm on May 4. That standalone company was designed to help businesses integrate Claude into core operations, with Anthropic engineering and partnership resources embedded in its team.

The founding partners said the services business would serve both investment firms’ portfolio companies and independent mid-sized businesses. Other backers included General Atlantic, Leonard Green, Apollo Global Management, GIC and Sequoia Capital. Its intended work covered designing, building and maintaining enterprise AI deployments.