The four major AI-deployment joint ventures hold a combined $6B+ of fresh capital and account for ~80% of the Fortune 500 AI-implementation engagements signed in the past 12 months. The Anthropic-Blackstone-GS JV ($1.5B vehicle) has deployed roughly $87M against 3 named portfolio engagements; OpenAI's Development Co arm ($4B closed, $10B target) has deployed an estimated $240M across 11 disclosed engagements and is the most aggressive hirer of FDE-shaped talent right now. Google Cloud's FDE org is the wildcard — not a discrete vehicle, but a hiring pattern: ~59 hires/week across customer-engineering + applied-AI roles, primarily Vertex AI + Gemini deployment. Palantir AIP is winning quietly in healthcare + defense without the press cycle — $110M in net new ARR last quarter, 7 disclosed deals, but unlike the others it's the originating vehicle rather than a JV-side deployment arm. **FDEOS thesis**: this is the Fortune-500 segment we explicitly cede to the JV layer. Our market is SMB + lower mid-market that the JVs cannot afford to serve.
Editorial commentary reflects the broader market — the strip above reflects only roles ingested through our ingest pipeline (subset).