FTX Strikes $884 Million Deal to Sell Anthropic Shares
Key Takeaways FTX's bankruptcy estate sells its majority stake in Anthropic to 24 institutional investors for $884 million; The sale benefits from AI's surge, notably ChatGPT, nearly doubling the value of FTX's initial $500 million investment in Anthropic; This sale, approved by a US Bankruptcy Court judge, is a hopeful step towards repaying FTX's customers.
Key Takeaways
- FTX's bankruptcy estate sells its majority stake in Anthropic to 24 institutional investors for $884 million;
- The sale benefits from AI's surge, notably ChatGPT, nearly doubling the value of FTX's initial $500 million investment in Anthropic;
- This sale, approved by a US Bankruptcy Court judge, is a hopeful step towards repaying FTX's customers.
