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Market Chatter: Blackstone, KKR in Talks With Alphabet to Give Portfolio Companies Access to AI Models

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Blackstone (BX) and KKR (KKR) are in talks with Alphabet (GOOG, GOOGL) to allow their portfolio companies access to Google's artificial intelligence models, Bloomberg reported Tuesday, citing people familiar with the matter.

The talks come after OpenAI and Anthropic announced deals on Monday with alternative asset managers to create AI consultancies that would turn private equity-backed firms into a new revenue stream for AI companies, according to the report.

Blackstone and KKR will negotiate omnibus agreements with Google that would give their portfolio companies access to AI models, Bloomberg said, adding that Alphabet would gain access to companies it previously had limited ways to sell to.

Blackstone, KKR and Alphabet did not immediately respond to a request for comment by.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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