Key Takeaways
- • Anthropic is launching a new AI consultancy business in Europe in partnership with London-based private equity firm Hg, according to reports, with the firm expected to launch by the end of 2026, based in London and Berlin.
- • The consultancy will primarily target B2B software companies and white-collar groups, funded by Anthropic through its balance sheet capital, with Hg investing via its managed funds.
- • The venture is reportedly intended to generate new revenue streams for Anthropic, build momentum ahead of its planned IPO, and offset high data centre infrastructure costs.
- • A leaked draft IPO disclosure reported by the Financial Times earlier that week indicated Anthropic posted a net loss of over $80bn for the first half of 2026.
- • The move intensifies competition with established consultancies including Accenture, Deloitte, EY, KPMG, and PwC.
Summary
Anthropic is launching a new AI consultancy business in Europe after partnering with London-based private equity firm Hg, according to reports from City AM citing the Financial Times. The firm is expected to launch by the end of the year and will be based in London and Berlin. Hg declined to comment, and Anthropic was approached for comment but had not responded at the time of publication.
The AI-focused consultancy will primarily target B2B software companies and white-collar groups as clients. Anthropic will fund the venture through its balance sheet capital, while Hg will invest via its managed funds. The move reportedly aims to create new revenue streams for the Claude developer and to build momentum for its planned initial public offering. It is also intended to offset its substantial data centre infrastructure costs.
The announcement follows a leaked draft IPO disclosure reported earlier the same week, which indicated Anthropic had a net loss of over $80bn for the first half of 2026. The figure is drawn from a leaked draft and has not been confirmed by the company.
The venture is set to intensify competition with established IT consulting firms, including Accenture and the Big Four firms Deloitte, EY, KPMG, and PwC. The article notes that the traditional consulting sector is struggling to adapt to rapid AI change while investing millions of pounds in technology to help clients adopt new tools. The move also follows Anthropic's February launch of a legal AI tool, which sent shares in Europe's largest data, publishing, and legal software groups tumbling in the weeks that followed.
The AI-focused consultancy will primarily target B2B software companies and white-collar groups as clients. Anthropic will fund the venture through its balance sheet capital, while Hg will invest via its managed funds. The move reportedly aims to create new revenue streams for the Claude developer and to build momentum for its planned initial public offering. It is also intended to offset its substantial data centre infrastructure costs.
The announcement follows a leaked draft IPO disclosure reported earlier the same week, which indicated Anthropic had a net loss of over $80bn for the first half of 2026. The figure is drawn from a leaked draft and has not been confirmed by the company.
The venture is set to intensify competition with established IT consulting firms, including Accenture and the Big Four firms Deloitte, EY, KPMG, and PwC. The article notes that the traditional consulting sector is struggling to adapt to rapid AI change while investing millions of pounds in technology to help clients adopt new tools. The move also follows Anthropic's February launch of a legal AI tool, which sent shares in Europe's largest data, publishing, and legal software groups tumbling in the weeks that followed.
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