Ryan McMurrow

Yeah, so Anthropic, the AI startup, has really paired up with all the big names in private equity, or many of them, to form a new company that's essentially going to be trying to infuse AI into all of their portfolio companies and maybe some other mid-sized businesses in the US.

So they've all put in a good chunk of money, $1.5 billion altogether,

And they're basically going to be sending anthropic engineers into mid-sized businesses to try to help them get started with the AI transformation.

Well, for the P companies, there's this fear that all their portfolio companies are going to lose out as AI kind of disrupts the industry.

It's

definitely disrupting software companies.

And there's a fear that it's going to disrupt even more industries.

So PE companies want to make sure that all the companies they've invested in and own are not going to be left behind.

And then for Anthropic, they get to pair up with these big names and make sure that their AI technology is the one that's being used and not that of its rival, OpenAI.

Yeah, so OpenAI is kind of working on its own partnership that is very similar to this one with a whole different swath of PE firms.

So they have formed their own rival clique.

Hard to say who's ahead with them basically pursuing a pretty similar business model to try to push their AI technology into the broader U.S.

company base.

Well, definitely all these mid-sized businesses within the U.S.

don't want to be left behind.

So definitely there's, I guess, a fear for other mid-sized businesses that don't have the capabilities or the money to

to work with Anthropic that they won't be able to revamp and transform their businesses as these PD portfolio companies will.

I mean, I guess it depends on how committed these portfolio companies actually are to revamping their business.

I mean, any business at any time has a million things to do.

So I guess the real question is whether these PE owners can force their portfolio companies to focus and kind of use these techniques and use these new abilities that these engineers are going to come in and recommend.