Blackstone and Hellman & Friedman, with AI specialist Anthropic, have launched the enterprise services firm Ode with Anthropic. The joint venture, announced in May, aims to embed AI across private‑equity portfolios and signals a broader PE push to commercialize AI capabilities.

Ode’s founding team is backed by a consortium of investors, including Apollo Global Management, General Atlantic, GIC, Goldman Sachs, Leonard Green, and Sequoia Capital. The partnership positions the new firm to provide AI‑driven solutions to portfolio companies, leveraging Anthropic’s cutting‑edge language models and the PE firms’ operational expertise.

This move follows similar collaborations between private‑equity houses and AI providers, underscoring the growing belief that AI can accelerate value creation. Ode will focus on scalable applications in areas such as automation, analytics, and customer engagement, aiming to unlock new growth opportunities for its stakeholders.

Industry observers note that the joint venture could also serve as a platform for future AI investments, offering a model for other PE firms to replicate. As AI continues to mature, firms that can combine deep capital with technical know‑how are likely to set new benchmarks for portfolio performance.