Anthropic-backed Ode launches $1.5 billion AI venture with 160-person enterprise team

Ode, an AI-native enterprise services joint venture established with Anthropic and Wall Street firms, launched on July 15, 2026 with reported $1.5 billion in funding or valuation. Blackstone and Hellman & Friedman have formed a roughly 160-person artificial-intelligence team with Anthropic to deploy AI initially across their portfolio companies, while Apollo, General Atlantic and Goldman Sachs are also among the backers. Ode acquired Fractional AI in May 2026 and subsequently acquired Casper Studios, combining engineering, consulting, product design and large-language-model expertise. The company helps enterprises identify processes suitable for AI transformation, embed forward-deployed engineers, build customized applications and AI agents, automate workflows, deploy Anthropic's Claude models and address regulatory compliance. The buy-and-build strategy reflects a broader industry effort by AI labs and financial firms to close the gap between frontier-model capabilities and practical enterprise adoption.

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