FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.
Bankrupt crypto exchange FTX has paused the sale of its highly-coveted $500 million stake in artificial intelligence (AI) startup Anthropic, according to a .
Perella Weinberg, the investment bank handling FTX's bankruptcy, told bidders this month about the pause, people familiar with the matter told Bloomberg. The move followed months of bidders' due diligence on the stake in the creator of ChatGPT rival chatbot Claude, the people said.
FTX and sister hedge fund Alameda had invested $500 million in Anthropic, according to an internal document circulated before last November’s bankruptcy filing and seen by Bloomberg. Semafor that FTX was looking to sell its shares for “hundreds of millions of dollars.”
In May, Anthropic led by Spark Capital with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures and others. According to Semafor’s early June report, Anthropic is valued at $4.6 billion.
Edited by Nelson Wang.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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