FTX, the bankrupt company once run by disgraced crypto king Sam Bankman-Fried, will sell two-thirds of its shares in hot AI startup Anthropic for $880 million, a court filing said on Monday. The biggest chunk of the Anthropic shares will go to ATIC Third International Investment Company, which is affiliated to the Mubadala sovereign wealth fund in the United Arab Emirates, the court filing said.
FTX: ATIC will pay $500 million for its stake in Anthropic, the document showed, while about 20 other buyers, including Bankman-Fried s former employer Jane Street Global Trading, will make out the rest.
Washington (AFP) Mar 25, 2024 - FTX, the bankrupt company once run by disgraced crypto king Sam Bankman-Fried, will sell two-thirds of its shares in hot AI startup Anthropic for $880 million, a court filing said on Monday.
Bankrupt FTX sells stake in hot AI startup Anthropic techxplore.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techxplore.com Daily Mail and Mail on Sunday newspapers.
FTX to Sell Anthropic Shares Following AI Boom coindesk.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coindesk.com Daily Mail and Mail on Sunday newspapers.