Tag Archives: artificial intelligence (AI)

EQT and Google Accelerate AI Adoption for Global Businesses

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New partnership will bring Google Cloud’s agentic AI platform, models, and architecture to more than 300 EQT portfolio companies worldwide

Global private markets firm EQT and Google Cloud today announced a new partnership poised to accelerate AI transformations among EQT’s 300-plus global portfolio companies.

Through the partnership, EQT will provide its portfolio companies with streamlined access to technology and expertise to help them more rapidly build and deploy AI agents across their businesses. This includes access to Google Cloud’s AI stack, including its Gemini Enterprise Agent Platform; a broad choice of Gemini models; leading AI architecture; cybersecurity capabilities from Mandiant and Wiz to deploy AI safely; and sovereign cloud and AI solutions to ensure compliance with data residency and governance requirements. In addition, EQT and its portfolio companies will benefit from early access to select future Google Cloud AI products for more rapid prototyping and testing.

Forward-deployed engineers from Google will also partner closely with EQT’s internal AI transformation team in order to more rapidly deploy these technologies, securely and safely, within EQT’s portfolio. Furthermore, EQT and its portfolio companies will benefit from access to Google Cloud’s ecosystem of partners, including more than 330,000 trained Google AI experts from global consulting firms like Accenture, Capgemini, Cognizant, Deloitte, HCLTech, KPMG, McKinsey, PwC, TCS, and more.

EQT has long viewed AI and data as a strategic capability both within the firm and across its portfolio companies, embedding digitization technology into its investment and value-creation approach. For more than a decade, the firm has actively built the expertise to support businesses in applying AI across areas including operations, product development, and customer engagement. Through this new partnership, Google Cloud is well-positioned to further accelerate these efforts with access to leading AI architecture, models, and capacity.

In addition to technology and expertise required to effectively build and run AI agents at scale, software companies in EQT’s portfolio will benefit from new routes-to-market for their own products. This includes streamlined onboarding to Google Cloud’s Marketplace and expanded enterprise reach through Google Cloud’s co-sell initiatives.

“We have invested significantly in building our own internal AI and data expertise across EQT, both to strengthen our own platform and to support value creation across the portfolio,” said Bert Janssens, Co-Head of Private Capital Europe & North America at EQT. “By partnering with Google Cloud, we are expanding access to the technology, architecture, and expertise our companies need to accelerate AI adoption responsibly, and at scale, while helping management teams future-proof their businesses to be more adaptive, resilient, and competitive in an increasingly AI-driven economy.”

“Agentic AI presents an important opportunity for businesses to operate more efficiently and ultimately to deliver better outcomes for their end customers,” said Karthik Narain, Chief Product and Business Officer at Google Cloud. “Already, EQT has been dedicated to  helping their portfolio companies adapt for the AI era. This partnership will ensure these businesses will have access to the technology, expertise, and platform needed to accelerate their transformations, safely and securely.”

EQT’s portfolio companies have significantly increased their use of Google products in recent years. For example, portfolio companies, including Believe, Epidemic Sound, Keyword Studios, and Zooplus, are all using Google Cloud AI. This partnership will ensure these firms – and many others – can more rapidly and securely become AI-first companies with technology, support, and services from both EQT and Google Cloud.

Contact

EQT Press Office, press@eqtpartners.com

 

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About EQT

EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

About Google Cloud

Google Cloud offers a powerful, optimized AI stack — including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications — that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.

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KKR Invests in Fresha, the Leading AI-Powered Platform for Beauty and Wellness, at $1bn Valuation

KKR

LONDON–(BUSINESS WIRE)– Fresha, the leading AI-powered marketplace and business management platform for the beauty and wellness industry, today announced an $80 million primary growth investment from funds managed by KKR, a leading global investment firm. The transaction values Fresha at over $1 billion, marking a defining milestone in its mission to transform how self-care businesses operate globally.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260521291161/en/

From left to right: Marcin Dąbrowski (Deputy Chief Product Officer); Nick Miller (Co-Founder and Chief Product Officer); William Zeqiri (Founder and CEO); and Paweł Iwanów, (Chief Payments Officer).From left to right: Marcin Dąbrowski (Deputy Chief Product Officer); Nick Miller (Co-Founder and Chief Product Officer); William Zeqiri (Founder and CEO); and Paweł Iwanów, (Chief Payments Officer).

The investment brings Fresha’s total capital raised to date to $285 million. Already profitable, Fresha will deploy the new funding to accelerate global expansion and fuel next-generation product and AI innovation.

Headquartered in London and founded in 2015 by William Zeqiri and Nicholas Miller, Fresha is one of the fastest-growing beauty and wellness platforms in the world, with leading market positions in the United Kingdom, Australasia, and the GCC, and a rapidly growing presence across North America, Continental Europe, and South East Asia.

Fresha is used by over 130,000 beauty and wellness businesses globally across key verticals including hair, beauty, barbering, nails, aesthetics, wellness, fitness, and spa. The platform facilitates more than 35 million appointments per month and over $15 billion in annual GMV, positioning Fresha as one of the largest and most scalable platforms in the global beauty and wellness economy.

Patrick Devine, Partner and member of KKR’s Tech Growth team, said: “Fresha has built a differentiated platform, combining software, financial services, and marketplace capabilities with embedded AI, in a way that is deeply integrated into daily operations of beauty and wellness businesses. We believe the company is well positioned to continue scaling globally as demand grows for modern, vertical-specific technology solutions.”

Marta Szczerba, Director in KKR’s Tech Growth team, added: “We have followed William and the broader management team over the years, and have been highly impressed with the consistent performance they have been driving at Fresha. The team have been on the front-foot in implementing AI in a way that drives meaningful business outcomes, and we are thrilled to be embarking with them on the next chapter of Fresha’s journey.”

William Zeqiri, Founder and CEO of Fresha, said: “Reaching unicorn status is a proud milestone, but more importantly, this investment is a strong testament to the trust our partners place in Fresha every day. KKR brings deep experience scaling category-defining technology companies, and their conviction in our vision gives us tremendous confidence as we enter this next chapter. With KKR’s support, we will be able to further accelerate our global expansion and invest heavily in AI to transform how beauty and wellness businesses operate worldwide.“

Nicholas Miller, Co-Founder and Chief Product Officer of Fresha, said: “From day one, our obsession has been building software that beauty and wellness professionals genuinely love using. Every feature we ship is shaped by the people running these businesses — the salon owners, the stylists, the spa operators. This round reinforces what our customers have been telling us for years: Fresha delivers one of the most complete, intuitive, and valuable platforms in the industry. KKR’s investment gives us the resources to push that even further, particularly in AI, where we see enormous potential to remove operational friction and unlock new revenue for our partners.“

KKR is making the investment in Fresha through its Next Generation Technology Growth strategy, building on the firm’s established track record in technology investing, including recently announced investments Reserv, Coder and Premialab.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com.

About Fresha

Fresha is the world’s leading and top-rated AI-powered booking platform for the beauty, wellness, and self-care industry, trusted by millions of consumers and businesses worldwide. For consumers, Fresha offers a seamless way to discover, book, and pay for beauty and wellness services with top local professionals. For businesses, Fresha provides an all-in-one platform that streamlines operations, from appointment management to client engagement, helping businesses grow effortlessly with powerful software, integrated payments, financial services and advanced technology solutions. For more information, please visit Fresha’s website at www.fresha.com

Media contacts
KKR
Julia Leeger / Eleanor Coppock
Media@kkr.com

Fresha
James Hayward-Browne
james.haywardbrowne@fresha.com

Source: KKR

 

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The AI-Native Enterprise Services Firm Backed by Anthropic, Blackstone, and Hellman & Friedman Announces Acquisition of Fractional AI

Blackstone

San Francisco, CA – May 21, 2026 – The recently announced AI-native enterprise services firm led by Anthropic, Blackstone, Hellman & Friedman, and others to help mid-size companies bring Claude into their core operations, today announced the acquisition of Fractional AI, a leading applied AI services company based in San Francisco. Fractional AI’s team and delivery capabilities will serve as the founding operational centerpiece of the new company.

Fractional AI was founded in 2024 by Chris Taylor, Eddie Siegel, and Travis May, and has quickly become a top destination for the industry’s best applied AI engineers. Built by a team with deep entrepreneurial and technical experience, Fractional AI has evolved into one of the go-to end-to-end AI implementation partners for enterprises. The team is world class at helping businesses across industries understand where AI fits, and how to choose and implement the right technologies for specific teams and functions. Fractional AI’s engineering team will work with Anthropic’s Applied AI organization from day one, enabling collaboration and close technical alignment to guide clients’ AI transformation.

The new AI-native enterprise services company is backed by a consortium of leading alternative asset managers including Goldman Sachs, General Atlantic, Leonard Green & Partners, Apollo Global Management, GIC, and Sequoia Capital.

“Bringing frontier AI into a business takes more than a great model,” said Garvan Doyle, a leader in Anthropic’s Applied AI organization. “It takes the engineering judgment to rebuild real systems around what’s now possible, and Fractional has assembled a team with exactly that capability. We’re excited to be working alongside this team as they help enterprises put Claude to work.”

Chris Taylor, CEO, and Eddie Siegel, CTO, at Fractional AI, said: “Rewiring the economy for AI is going to be one of the biggest value creators of the coming decades, but most businesses need help realizing this opportunity. Our team of AI engineers and former founders thrives on building transformative end-to-end solutions. We’re excited to team up with Anthropic, Blackstone, and Hellman & Friedman to close the multi-trillion-dollar gap we see between where businesses operate today and where they can be.”

Rodney Zemmel, Global Head of the Operating Team at Blackstone, said: “We have built a strong relationship with Fractional AI through their work across the Blackstone portfolio, and it’s clear they are a magnet for elite, applied AI engineers. Blackstone has spent years studying where AI creates durable value, and we believe the answer hinges on execution capability – the caliber of the team, the depth of their technical judgment, and their ability to change how a business operates. The opportunity ahead is one of the largest we have seen – and we believe there is no better team to serve as our nucleus for growth than Fractional.”

Tarim Wasim, Partner at Hellman & Friedman, said: “Anthropic’s frontier models are genuinely unmatched in the enterprise. Unlocking their full potential takes expertise and judgment to redesign systems around what’s newly possible. H&F has scaled some of the world’s leading services businesses, and it was clear from Fractional AI’s success in our portfolio that they are the right foundation for building a category-defining AI services firm.”

Terms of the Fractional AI acquisition were not disclosed.

About Anthropic
Anthropic is a frontier AI company whose mission is to steer the trajectory of AI to advance human progress. We are best known for building Claude, the intelligence platform trusted by millions of people and businesses worldwide. Anthropic is a public benefit corporation—a for-profit committed to operating in service of social and public good—and controlled by a Long-Term Benefit Trust, a group of independent experts in AI safety, national security, public policy, and social enterprise.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Hellman & Friedman
Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors, including technology, financial services, healthcare, consumer services & retail, and information, content & business services. H&F was founded in 1984 and has over $115 billion in assets under management as of December 31, 2025. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com.

Contacts
Anthropic
press@anthropic.com

Blackstone
Matt Anderson
Matthew.Anderson@Blackstone.com

Hallie Dewey
Hallie.Dewey@Blackstone.com

Hellman & Friedman
FGS Global
H&F-US@fgsglobal.com

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Partnering with Blitzy to Scale Autonomous Software Development for the Enterprise

Northzone

Engineering teams at the world’s largest companies are under mounting pressure to ship faster, modernise aging systems, and deliver more than their headcount allows. Development backlogs accumulate faster than teams can clear them. And the gap between what enterprises need to build and what their teams can realistically deliver keeps widening.

AI coding copilots and single-agent tools were meant to close that gap. But they help individual developers move faster at the margin — they can’t operate at the scale enterprise codebases demand. They lack the contextual understanding needed to reason across millions of lines of code, and they require constant human guidance. For enterprises, the bottleneck hasn’t moved.

Blitzy was built on the conviction that frontier models alone would never solve this problem. What’s required is something fundamentally different: a platform that builds a deep, persistent understanding of an enterprise codebase and orchestrates thousands of agents in parallel to execute development work autonomously — not just suggesting the next line, but completing months of development work end to end.

Blitzy’s platform autonomously builds a dynamic knowledge graph of the enterprise codebase and maintains a persistent understanding of the environment. Grounded in that knowledge graph, its orchestration layer coordinates thousands of agents in parallel across days to weeks of uninterrupted inference. The result is autonomous development of entire software projects, not just individual tasks.

Blitzy was founded by serial entrepreneur and former Army Ranger Brian Elliott and NVIDIA Master Inventor Sid Pardeshi, who holds 27+ patents related to neural networks, image generation, and AI-driven interface translation. Brian and Sid met while building and scaling advanced software systems at Harvard. Having more than doubled headcount in the past six months, they’ve assembled a world-class team and become the platform of choice for dozens of Global 2000 enterprises tackling their most demanding software development challenges.

As our Partner Sanjot Malhi puts it:

“Blitzy has created a truly paradigm-shifting product in one of the largest markets in the world: Autonomous AI Coding. They have meaningfully shifted outcomes for several Fortune 500 enterprises, and are well on their way to creating a category-defining platform. We are excited and privileged to partner with Brian and Sid in this journey.”

The next wave of enterprise software won’t be built by developers with better copilots. It will be built by platforms that can understand, reason across, and autonomously execute development work at the scale the world’s largest companies require. Blitzy is that platform — and we’re proud to lead their $200M growth round alongside new investors PSG, Battery Ventures, Jump Capital, Defiant, continued participation from existing investors including  Flybridge, Link Ventures, NFX, Picus Capital, and Venture Guides, and strategic investments from Liberty Mutual Strategic Ventures and BAL Ventures.

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Reserv Announces $125 Million Series C Financing Led by KKR to Accelerate AI-Driven Transformation of Insurance Claims

KKR
NEW YORK & LONDON–Reserv Inc. (“Reserv”), the parent company of Reserv Claims Analysis, LLC – the Property and Casualty (P&C) Insurance industry’s largest AI-native third-party administrator (“TPA”) – and Reserv Technologies, LLC – a claims intelligence provider – today announced a $125 million Series C funding round led by KKR, with participation from existing investors including Bain Capital Ventures and Flourish Ventures, as well as select strategic partners and clients.
Founded in 2022, Reserv provides TPA services and technology to nearly 200 insurers, corporate captives, MGAs, and brokers. The company has achieved strong commercial traction, with annual recurring revenue (ARR) reaching $100 million and rapid year-on-year growth as it scales its platform. With over 500 claims adjusters on staff, Reserv has more than doubled its claims processing capacity every year while continuing to improve claims outcomes, provide data transparency, and innovate new technology solutions for its client partners. The investment from funds and accounts managed by KKR is expected to help Reserv continue to more than double its claim capacity every year from 500,000 annual complex claims capacity today to 30 million in the next four years, which means creating enough capacity to service and automate a significant portion of the P&C industry across non-field-based commercial claims.

“We started this company to prove how seamless claims processing could be if technology wasn’t the bottleneck – with ongoing feature evolution instead of constant system overhauls. And our focus is not just on claims processing tools, but automation of the entire organization,” said CJ Przybyl, co-founder and CEO. “Reserv has now reached a scale – in claims processing capacity, technology velocity, data accumulation, and people transformation capabilities – where we can automate even the most complex claims. This enables an adjuster-led, empathetic experience, with every ‘i’ dotted and ‘t’ crossed with the support of AI and built on an infinitely scalable, purpose-built platform and flexible tech stack.”

“What Reserv has done from an AI and operational perspective to deliver faster and better quality outcomes for its customers is truly differentiated in the market,” said Patrick Devine, Partner at KKR. “We’re excited to partner with this high-calibre management team, which has the rare combination of innovation, agility, and operational sophistication to rapidly scale to meet customer needs and deliver differentiated outcomes compared to legacy claims handling approaches,” added Elliot Bell, Principal at KKR.

“After scaling York Risk Services into one of the nation’s largest TPAs, I’ve seen virtually every claims model the industry has produced,” said Rick Taketa, Board Member and former CEO of York Risk Services. “What Reserv has built is genuinely different—AI-driven capabilities that go beyond automation to meaningfully improve outcomes for claimants and customers alike. KKR’s investment reflects what I’ve seen firsthand: this is a company positioned to lead the next phase of innovation in claims, with its most significant impact still ahead.”

The Reserv Glance™ claims platform enables customers to migrate any size of historical and open claims into a centralized database. It then uses fully explainable AI to analyze and act on critical claims, while scaling human and automated workflows quickly. This enables customers to phase out legacy claims systems and operations in a matter of weeks. Clients can choose how much automation they want to apply — from automated handling of simpler claims to more supported approaches for complex cases. Reserv operates in a “post-AI” environment, where the latest AI tools are immediately production-ready and integrated into the platform. The emphasis shifts from building standalone tools to supporting adjuster and insurer teams as they adapt their processes to this pace of innovation.

The investment will be made primarily through KKR’s Next Generation Technology Growth strategy, which builds on the firm’s established track record in technology investing, and leverages KKR’s institutional knowledge from investing extensively across the insurance value chain.

Reserv was advised by Paul Hastings as legal adviser. KKR was advised by Gibson Dunn as legal adviser.

About Reserv

Reserv is an AI-native third-party administrator (TPA) and software provider for property and casualty insurance. Purpose-built by claims and technology veterans, Reserv delivers tech-forward claims handling at scale, enabling insurers to drive down loss costs, streamline operations, and improve the customer experience. Learn more at www.reserv.com.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

 

Contacts

Reserv
marketing@reserv.com

KKR
Julia Leeger
media@kkr.com

 

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Carlyle Acquires Knack RCM and EqualizeRCM to Create an AI-Native, Global Multi-Specialty Healthcare RCM Platform

Carlyle

WOODBRIDGE, N.J., AUSTIN, Texas, and MUMBAI, India – May 4, 2026 – Global investment firm Carlyle (NASDAQ: CG) today announced it has acquired a majority stake in Knack RCM (“Knack”) and EqualizeRCM (“Equalize”), two leading U.S. healthcare revenue cycle management (“RCM”) providers, to create an AI-native, global, multi-specialty RCM platform. Equity for the investment will come from investment funds affiliated with Carlyle Asia Partners VI (CAP VI) and Carlyle Asia Partners Growth II (CAPG II). The terms of the transaction are not disclosed. Rajiv Sharma, Founder of Knack RCM, and Nagi Rao, Founder of EqualizeRCM, will remain invested in the platform through a reinvestment of a portion of their proceeds.

 

Knack and Equalize are complementary healthcare RCM providers serving physician groups, durable medical equipment (“DME”) providers, rural hospitals, and other specialty provider segments. Together, they bring deep, specialty-specific expertise across DME, anaesthesia, eyecare, behavioural health, rural hospitals, urgent care, and multi-specialty physician groups.

 

The combined platform is expected to enhance operational scale and diversification, broaden the delivery footprint, strengthen leadership depth and help accelerate AI capabilities to enhance outcomes for clients. Knack contributes scaled, global delivery across the U.S., India, and the Philippines, anchored by an intelligent, end-to-end revenue engine powered by its orchestration platform, Workmate. EqualizeRCM complements this with its established delivery scale in the U.S. and India, alongside a proprietary payer enrollment platform and advanced AI-driven tools—such as Bill Smart for denial prediction and avoidance— that are purpose-built for hospitals, urgent care, and targeted specialty segments. Equalize’s AI-native platform, built on large language models and agentic AI, has demonstrated proven commercial traction, including the displacement of established, large-scale vendor contracts at leading DME manufacturers.

 

Kapil Modi, Partner at Carlyle India Advisors, said: “The U.S. healthcare revenue cycle market is growing rapidly, driven by margin compression, workforce shortages, and the shift to value-based care. Carlyle has significant experience in scaling RCM platforms to achieve market leadership and we believe Knack and Equalize stand out as leaders with their AI-native, specialty‑focused, and outcomes‑driven approach, which aligns well with the growing needs and demand in healthcare RCM.”

 

Rajiv Sharma, Founder, Knack RCM, said: “Carlyle has been a trusted partner to Knack, bringing not only capital but also valuable expertise in healthcare and RCM. The addition of Equalize is a progression of this partnership and strengthens the value we provide to our clients.”

 

Nagi Rao, Founder, EqualizeRCM, said: “Our clients, particularly rural hospitals and behavioural health providers, face immense pressure in sustaining margins and ensuring access to care. Partnering with Knack enables us to integrate our advisory expertise with their advanced analytics and global operations, to deliver more robust and tailored solutions. We are excited to work with Knack and Carlyle to drive wider adoption of our AI-native platform to support healthcare providers.”

 

Gautam Barai, CEO, Knack RCM, said: “Healthcare providers measure success by their ability to meet payroll, preserve services, and support their communities—not by the amount of automation deployed. Coming together with Equalize allows us to combine our strengths to tackle the most complex parts of the revenue cycle, including rural cost reports, DME intake, and challenging anaesthesia cases. For us, success is not about automating simple workflows but about addressing the most critical financial risks faced by our clients, which ultimately translates into improved financial health and better patient care.”

 

Amit Jain, Partner and Head of Carlyle India Advisors, concluded: “One of the core tenets of this investment is to build a scaled, strategically attractive physician and rural hospital RCM platform in a fragmented industry. Carlyle has a track record of executing similar strategies in sectors such as auto components and pharmaceuticals. This investment extends our India for the World thesis and builds on our experience investing in technology and tech-enabled services. We have invested in healthcare technology platforms including Indegene, Visionary RCM, and CorroHealth, and we will bring this expertise and execution capability to scale the combined Knack and Equalize platform.”

 

Carlyle intends to build on this platform strategy by pursuing additional opportunities in the RCM industry and will continue to seek to add synergistic assets with complementary offerings to the RCM platform.

 

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About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $477 billion of assets under management as of December 31, 2025, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 27 offices across four continents. Further information is available at carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

 

About Knack RCM
Knack RCM is an AI-native, specialty‑focused revenue cycle management leader that helps healthcare organizations operating in complex clinical, financial and technology environments unlock the full value of reimbursement, safeguard margin and strengthen the delivery of care, so providers can better serve the communities that depend on them. Headquartered in Woodbridge, New Jersey, Knack RCM has over 8,000 employees across 10 delivery centers in India, the Philippines and the United States.

 

About EqualizeRCM
EqualizeRCM is a U.S.‑based revenue cycle management company serving physicians, hospitals, ambulatory surgery centers, laboratories and rural providers. The company is known for its work with Critical Access Hospitals, rural PPS Hospitals and Rural Health Clinics, providing specialized support in cost reports, reimbursement strategies and education forums that help clients navigate evolving payer and regulatory environments. The Company’s 1st Credentialing division is a leading provider of payor enrollment services across the nation.

 

 

Media Contacts

 

Carlyle
Lonna Leong
+852 9023 1157
lonna.leong@carlyle.com

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Anthropic Partners with Blackstone, Hellman & Friedman, and Goldman Sachs to Launch Enterprise AI Services Firm

Blackstone

San Francisco, CA – Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs today announced the formation of a new AI-native enterprise services firm that will work with companies to rapidly bring Claude into their core business operations. The new firm is a standalone entity with Anthropic engineering and partnership resources embedded directly within its team.

Alongside the founding partners, the new company is backed by a consortium of leading alternative asset managers including General Atlantic, Leonard Green, Apollo Global Management, GIC, and Sequoia Capital. The new firm will benefit from the consortium’s broad network of hundreds of companies to design, build, and maintain enterprise AI deployments, establishing a scalable platform for sustained growth.

Krishna Rao, Chief Financial Officer of Anthropic, said: “Enterprise demand for Claude is significantly outpacing any single delivery model. Our partnerships with the world’s leading systems integrators are central to how Claude reaches large enterprises. This new firm brings additional operating capability to the ecosystem and capital from leading alternative asset managers. We are proud to build it alongside Blackstone, Hellman & Friedman, Goldman Sachs, and our other partners.”

Jon Gray, President and Chief Operating Officer of Blackstone, said: “We intend to build a scaled, world-class company to deploy Anthropic’s incredible technology across a range of businesses in our portfolio and beyond. We believe it can help break down one of the most significant bottlenecks to enterprise AI adoption by expanding the number of highly skilled implementation partners.”

Patrick Healy, CEO at Hellman & Friedman, said: “This is a rare convergence: massive market need, the unmatched AI technical capability of Anthropic, and a consortium of investors with the reach to scale fast. The near-term value to our portfolio companies is substantial, and we are excited by the long-term potential to build the definitive enterprise AI services platform.”

Marc Nachmann, Global Head of Asset and Wealth Management at Goldman Sachs, said: “This is a compelling investment opportunity for our clients and will enable mid-market companies to deploy Anthropic’s AI solutions to drive meaningful impact in their business. By democratizing access to forward-deployed engineers, the new company can help the expansive network of portfolio companies in our Asset Management business and other companies of similar sizes accelerate AI adoption to grow and scale their operations.”

The company will serve as an accelerant in bringing AI solutions to mid-size companies, helping to drive adoption across an initial customer base of both portfolio companies of the investment firms and independent companies that can benefit from the platform.

Claude’s capabilities change on a monthly or even weekly basis, which creates a different kind of engineering challenge than traditional software deployment. The systems that companies build with AI need to evolve as the models underneath them improve. Because the firm’s engineers will work in close coordination with Anthropic’s research and product teams, the implementations they deliver are designed to do that from day one.

Some of the largest opportunities for AI sit in industries like healthcare, manufacturing, financial services, retail, real estate, infrastructure, and more. Building and maintaining frontier AI systems requires a depth of expertise that is scarce even among the world’s most sophisticated organizations. This new AI-native enterprise services firm will help leading businesses deploy AI at the speed and scale that their competitive positions require.

About Anthropic
Anthropic is a frontier AI company whose mission is to steer the trajectory of AI to advance human progress. We are best known for building Claude, the intelligence platform trusted by millions of people and businesses worldwide. Anthropic is a public benefit corporation—a for-profit committed to operating in service of social and public good—and controlled by a Long-Term Benefit Trust, a group of independent experts in AI safety, national security, public policy, and social enterprise.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Hellman & Friedman
Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors, including technology, financial services, healthcare, consumer services & retail, and information, content & business services. Since its founding in 1984, H&F has invested in over 100 companies and has over $115 billion in assets under management as of December 31, 2025. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com
 
About Goldman Sachs Alternatives
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives, including private equity, growth equity, venture capital, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world’s leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.7 trillion in assets under supervision globally as of March 31, 2026.

Forward-Looking Statements
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Blackstone’s current views with respect to, among other things, its operations, financial performance and the new enterprise services firm referred to herein. You can identify these forward-looking statements by the use of words such as “outlook,” “indicator,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “scheduled,” “estimates,” “anticipates,” “opportunity,” “leads,” “forecast,” “possible” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Blackstone believes these factors include but are not limited to those described under the section entitled “Risk Factors” in its Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in its subsequent filings with the United States Securities and Exchange Commission (“SEC”), which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in its other subsequent filings. The forward-looking statements speak only as of the date of this release, and Blackstone undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

Press Contacts

Blackstone
Matt Anderson
Matthew.Anderson@Blackstone.com

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Coder Secures $90M Series C Led by KKR to Advance Secure Enterprise AI Development

KKR
KKR is joined by QRT, Uncork Capital, and other existing investors, signaling growing demand for infrastructure that enables the next generation of AI-powered software development

NEW YORK, NY and AUSTIN, TEXAS — April 1, 2026 — Coder, a leader in AI development infrastructure, today announced a $90 million Series C led by funds managed by KKR, a leading global investment firm, with participation from Qube Research & Technologies (QRT), Uncork Capital, and other existing investors. The investment underscores a shared conviction that cloud-based developer infrastructure will play a critical role in enabling enterprises to securely build and deploy software at scale.

Founded in 2017 in Austin, Texas, Coder provides a centralized, secure platform where enterprises can build and run software development environments in the cloud, replacing fragmented, local setups with standardized, customer-controlled workspaces. By enabling both developers and AI coding tools to operate within the same governed infrastructure, Coder helps organizations improve consistency, accelerate onboarding, and maintain control over how software is built.

“We chose to partner with customers KKR and QRT in this round because they have the clearest view of how AI evolves software development,” said Rob Whiteley, CEO of Coder. “They’re using Coder to bring consistency and security for every enterprise user to leverage the latest technologies like Claude Code, Cursor, and OpenClaw. Together, we are rearchitecting the foundation for how enterprise software is built.”

“Software development is undergoing a fundamental shift, driven by the move to the cloud and the rapid adoption of AI, with more than 80% of enterprise developers today using or planning to use coding agents in their daily workflows,” said Ben Pederson, Managing Director at KKR. “As enterprises scale the use of AI in development, they need infrastructure that allows that work to happen in a secure, standardized, and repeatable way. We believe Coder is well positioned to serve as the foundational platform for this next generation of software development.”

The company will use the funding to support platform innovation – with a focus on supporting enterprise AI workflows and strengthening governance capabilities – and scaling its presence in Europe, Asia, and North America to meet demand for Coder.

The new model for enterprise development
Customers define what successful AI adoption looks like in practice: balancing speed with control, and experimentation with the ability to scale. This moment represents an opportunity to establish a new standard for how to safely and easily access corporate-approved coding tools. Coder automates agentic provisioning, eliminating the need for users to install agents, connect LLMs, provision tools and MCP servers, and plumb libraries, source code repositories, and infrastructure. All of that fades to infrastructure- and policy-as-code that users don’t have to think about.

At KKR, Coder was rolled out to more than 500 engineers as part of a broader effort to align development environments and introduce AI in a governed way. Since first deploying Coder a year ago, the firm has moved from no AI-assisted code to more than half of commits taking place within Coder-managed environments. Based on this initial success, KKR plans to roll out coding tools to many additional functions. The investment will be made primarily through KKR’s Next Generation Technology Growth Fund III.

“Coder has fundamentally changed how we approach software development at KKR, particularly as we integrate AI into our workflows,” said Ruchir Swarup, Chief Information Officer at KKR. “By standardizing development environments and embedding governance directly into the process, we’ve been able to scale the use of AI tools in a secure and controlled way. This has improved consistency across teams, accelerated onboarding, and increased developer productivity and software velocity. We’re now extending these capabilities beyond engineering to analysts, data scientists, and other users.”

Customer-investor QRT experienced similar success. QRT has rolled Coder out to half of its over 2,000 employees, including a mix of software engineers, data scientists, and analysts. Coder is a critical component of how these employees use agentic tooling.

“Deploying agentic AI at our scale requires infrastructure that doesn’t compromise on governance,” said Zohar Melamed, Head of Developer Experience at QRT. “Coder gives us the ability to audit every LLM request, control access across our global infrastructure, and maintain strict compliance while dramatically compressing deployment timelines.”

Growth led by customer expansion
Coder initially gained traction by helping enterprises bring structure, safety and control to how software is built. As the scope of software development expands to include AI tools and agents, that foundation is used to support a broader set of workflows across the organization.

Coder’s growth is accelerating alongside this shift. The company has delivered 300% year-over-year bookings growth over the past four quarters, 44% quarter-over-quarter growth in Q1, and 144% year-over-year growth in Q1. This momentum is driven by expansion within the existing customer base, with net dollar retention at 186%. As enterprises standardize development and adopt AI workflows, Coder consistently expands across teams and use cases, reinforcing its role as a core part of the development stack.

Latham & Watkins LLP served as legal advisor to KKR & Co. Inc.

Visit the company blog to learn more about Coder’s vision for the foundation of safe agentic development.

About Coder
Coder is the leading platform for AI development Infrastructure, enabling enterprises to securely run human and AI-driven development workflows in consistent, governed environments. Coder provides self-hosted, agent-ready workspaces that unify developer productivity and platform governance. With Coder, enterprises can confidently evolve from human-only development to AI-assisted and autonomous workflows—without sacrificing security, compliance, or performance. Learn more at coder.com.

About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contacts

Coder:
Jennifer Tanner
Look Left Marketing
coder@lookleftmarketing.com

KKR:
Brooke Rustad or Jenn Bernstein
media@kkr.com

 

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Bosch Ventures participates in USD 50 million Series B of Qdrant to power the next generation of scalable AI infrastructure

Robert Bosch

Berlin startup sets new performance benchmarks for production AI applications

  • Qdrant enables precise, scalable data access as the core infrastructure for production AI applications.
  • USD 50 million Series B round led by AVP together with international co-investors.
  • Dr. Ingo Ramesohl, Co-Managing Director of Bosch Ventures: “Qdrant exemplifies the kind of deep-tech innovation that we believe will shape the next generation of powerful and trustworthy AI systems.”

Stuttgart & Berlin, Germany – Bosch Ventures, the corporate venture capital company of the Bosch Group, is participating in Qdrant’s USD 50 million Series B financing round. The round, led by AVP and joined by international co-investors, underscores the growing importance of AI infrastructure for business-critical applications such as multimodal search and AI agent systems.

 

Next-Generation Vector Database for Production AI systems

As artificial intelligence moves from pilot projects into operational deployment, fast and precise access to relevant data is becoming a key success factor. Qdrant has developed a highly powerful search technology designed for large-scale datasets. Built from the ground up in the Rust programming language, the solution enables companies to search extremely large and complex datasets in real time in the cloud, in hybrid infrastructures, in their own data centers, or directly on devices and machines at the edge. The result is a search engine that adapts to the use case rather than forcing the use case to adapt to the search engine. “Whether a team prioritizes maximum accuracy, lowest latency, or cost efficiency at scale, Qdrant provides the controls needed to achieve those goals,”
says André Zayarni, CEO and co-founder of Qdrant. As an open-source solution, Qdrant benefits from a global developer community while also offering companies transparency, flexibility, and technological independence.

 

“In commercial AI applications, the ability to reliably retrieve context-relevant information in real time has become mission-critical infrastructure,” says Ingo Ramesohl, Managing Director of Bosch Ventures. “Qdrant’s cutting-edge, Rust-based architecture exemplifies the type of deep-tech innovation that we believe will shape the next generation of powerful and trustworthy AI systems. We are excited to support the team on its continued growth journey.”

 

Proven in production and Scaled Globally

Companies including Tripadvisor, OpenTable, Bayer, Deutsche Telekom, and Bosch rely on Qdrant when vector search must run reliably and efficiently under real-world conditions. The open-source project has more than 250 million downloads and over 28,000 stars on GitHub. Its global developer community continuously advances the platform based on real production requirements. Qdrant has also been recognized in several industry reports, including The Forrester Wave™: Vector Databases, Q3 2024; GigaOm Radar for Vector Databases v3 (2025) and Sifted’s 2025 B2B SaaS Rising 100.

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Blackstone Leads Funding of Over $1 Billion to Neysa to Work Towards Building India’s Leading AI Infrastructure Platform

Blackstone

Mumbai, February 16, 2026 – Neysa (the “Company”) today announced that private equity funds affiliated with Blackstone (collectively, “Blackstone”) and co-investors have entered into definitive agreements to invest in Neysa, enabling a $1.2 billion capital raise. Blackstone and co-investors have provided equity capital of up to $600 million, on the basis of which Neysa intends to secure an additional $600 million of debt financing, subject to documentation. Neysa is a fast-growing Artificial Intelligence acceleration cloud platform in India delivering mission critical solutions to enterprises and government entities. Blackstone will partner with Neysa’s Co-Founder and Chief Executive Officer, Sharad Sanghi, to accelerate the Company’s growth. This funding provides a material impetus to Neysa’s planned scale-up and deployment of over 20,000 GPUs in India, helping to enable the country’s AI revolution.

Founded in 2023, Neysa designs and develops AI systems that are deployed and operated within India. The Company provides purpose‑built and cost-effective GPU‑based AI infrastructure that enables enterprises and institutions to train, fine‑tune, and deploy AI workloads. Its customers span across industries, including financial services, technology, healthcare, and public services.

Amit Dixit, Head of Asia Private Equity at Blackstone, said: “Over the past two decades, we have been committed to building businesses that build India, and this investment brings that to life. It reinforces Blackstone’s focus on backing the essential “picks and shovels” of AI globally, including in India, a key market for Blackstone. With our scale, deep expertise, and track record of building market-leading businesses, we believe we are well-positioned to support Neysa’s next phase of growth and the advancement of India’s AI transformation.”

Ganesh Mani, a Senior Managing Director in Blackstone Private Equity, said: “Digital infrastructure is one of our highest conviction investment themes globally. This investment positions Neysa to play a meaningful role in advancing AI infrastructure in India and enables businesses and public institutions to deploy AI technologies more effectively as AI adoption accelerates. We believe Neysa has the best management team in this space and look forward to partnering with Sharad and team to scale the business and support India’s innovation.”

Sharad Sanghi, Co-Founder and Chief Executive Officer of Neysa, said: “India’s AI ambition requires production grade infrastructure built and operated at scale. Neysa is focused on delivering the execution layer of sovereign compute, and AI research enablement and adoption in alignment with the goals of IndiaAI Mission. We seek to provide performance certainty and data assurance, enabling enterprises, hyperscalers, and global AI labs to deploy and scale reliable AI infrastructure in India. With Blackstone’s experience in scaling critical infrastructure, we aim to help establish India as a globally relevant AI compute destination. This investment is especially meaningful as it coincides with the AI Impact Summit, reflecting growing global engagement with India’s AI compute landscape.”

Blackstone affiliates are a significant global investor in the foundational tools, infrastructure, and technologies that drive AI’s development and adoption. Key investments include QTS, world’s largest data center platform; AirTrunk, the leading data center platform in the Asia Pacific region; CoreWeave, a specialized cloud infrastructure company; and Firmus, an Australian-based AI infrastructure platform.

Other equity investors in this transaction to include Teachers’ Venture Growth, TVS Capital, 360 ONE Assets, and Nexus Venture Partners. DC Advisory served as lead financial advisor to Neysa. KPMG served as a financial advisor to Blackstone. Talwar Thakore & Associates (TT&A) is serving as legal advisor to Neysa. Trilegal and Gibson & Dunn are serving as legal advisors to Blackstone.
 
About Blackstone  
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.
 
About Neysa
Neysa is an AI Acceleration Cloud provider that enables enterprises, startups, and public sector organisations to discover, deploy, and scale AI workloads securely and cost-effectively. Its flagship AI Acceleration Cloud system, Velocis covers AI infrastructure, GenAI and AI use case performance optimisation, and AI/ML security. Neysa’s partner-first approach is designed to foster an open AI ecosystem, driving industry-specific adoption at scale. Further information is available at www.neysa.ai. Follow @neysa on LinkedIn and Instagram.

Media Contacts

For Blackstone
Ellen Bogard
Ellen.Bogard@Blackstone.com
Tel: +852 3651 7737

Deepa Jayaraman
Deepa.jay@outlook.com
Tel: +91 90087 78681

For Neysa
Sujit Janardanan
sujit.j@neysa.ai
Tel: +91 9819466337

Naina Aggarwal Ahuja
naina.a@talkingpointcommunications.com
Tel: +91 9582363695

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