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Jamie Dimon and Dario Amodei shared a stage for the first time. Here’s what they revealed about AI, cyber risk and the future of Wall Street

Source: FortuneView Original
businessMay 6, 2026

Anthropic is dramatically expanding its footprint in financial services, launching a suite of pre-built AI agents for the world’s largest banks and debuting Claude Opus 4.7—its most capable model for financial work yet. The announcements, made Tuesday at the company’s invite-only financial services briefing in New York, cap a 48-hour blitz that signals Anthropic isn’t just selling AI software to banks. It’s building the infrastructure, the deployment mechanism, and relationships in the financial industry to become the operating layer for Wall Street.

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The strategy has two tracks: one aimed at the largest institutions, giving them tools to configure and run AI agents themselves; the other aimed at the mid-market, using a new private equity-backed joint venture to embed Claude directly into company operations. Together, they represent perhaps the most aggressive push yet by any AI company to capture financial services end-to-end.

The era of consumer-app land grabs is giving way to something more durable for frontier AI labs: enterprise revenue. For both OpenAI and Anthropic, winning paying clients across industries—banks, law firms, software companies, healthcare systems, government agencies—has become the load-bearing pillar of the business model. Enterprise contracts offer what consumer subscriptions cannot: high-margin, multi-year commitments; deep integration into mission-critical workflows that make switching costs real; and usage volumes that justify the staggering capital expenditures these labs are pouring into compute. Anthropic in particular has leaned hard into this positioning, building Claude’s reputation around reliability, safety, and coding performance—qualities that matter far more to a Fortune 500 CIO than to a casual user.

A $1.5 billion bet

Just one day before Tuesday’s product announcement, Anthropic unveiled a $1.5 billion joint venture with Blackstone, Hellman & Friedman, and Goldman Sachs to create a new AI-native enterprise services firm—essentially a forward-deployed engineering operation that puts Claude at the core of how mid-sized companies actually run. Anthropic, Blackstone, and Hellman & Friedman are each contributing roughly $300 million, with Goldman Sachs at $150 million; Apollo Global Management, General Atlantic, Leonard Green, GIC, and Sequoia Capital also participated. (The Wall Street Journal reported on the $1.5 billion figure, which Anthropic has not confirmed).

“Enterprise demand for Claude is significantly outpacing any single delivery model,” Anthropic CFO Krishna Rao said in announcing the joint venture. The vehicle gives Anthropic a direct pipeline into the portfolios of some of the world’s largest PE firms, a distribution channel no software vendor has previously had at this scale.

Tuesday’s product announcement filled in what that joint venture will actually be deploying: a set of purpose-built financial services agents now available on top of Claude Opus 4.7. The announcement, made at the company’s exclusive “Briefing: Financial Services” event in New York, came alongside the first-ever shared stage appearance of Anthropic CEO Dario Amodei and JPMorganChase Chairman and CEO Jamie Dimon. The two discussed what AI means for markets, the workforce, and the global economy.

Dimon opened with a personal note. Over the weekend, he said, he had logged onto Claude Code himself. “I want to know about asset swaps and Treasury bid-ask spreads, and quitting the markets, and investment grade.” In 20 minutes, he said, it created a huge dashboard, “with all the backup, and all the research, and it was very accurate about what I wanted.” JPMorgan first began using AI in 2012, he added, and now has use cases ranging from risk and fraud to marketing, design, note-taking, and more.

Amodei offered a rare glimpse into Anthropic’s growth trajectory. The company had projected 10x revenue growth over a recent period, he said, and instead saw annualized growth of roughly 80x in one quarter. “The cone is even wider than I thought,” he said, framing the company’s situation as one of “absolute radical uncertainty” in which the upside scenarios keep outpacing expectations.

Agents built for the back office

The product launch filled in what the joint venture will actually be deploying. At the core is a library of roughly 10 pre-built AI agents designed for the most labor-intensive workflows in finance: pitchbooks and earnings analysis, credit memos, underwriting, KYC, month-end close, statement audits, and insurance claims.

Each agent ships as a reference architecture — complete with the skills, connectors, and subagents needed to run that workflow out of the box. Firms can then adapt them to their own modeling conventions, risk policies, and internal approval chains. Once configured, an agent can run as a plugin within Claude’s Cowork and Claude Code environments alongside human analysts, or as a Claude Managed Agent, in which Anthropic handles the secure produc