Share this article
BTC
$76,029.33
-
5.40%ETH
$1,432.77
-
10.49%USDT
$0.9992
-
0.06%XRP
$1.7785
-
7.65%BNB
$546.62
-
3.30%USDC
$1.0001
+
0.00%SOL
$104.31
-
6.84%TRX
$0.2269
-
2.94%DOGE
$0.1409
-
7.74%ADA
$0.5563
-
7.33%LEO
$9.1068
+
1.54%TON
$2.9579
-
6.83%LINK
$10.88
-
8.33%AVAX
$16.19
-
7.12%XLM
$0.2183
-
6.94%SHIB
$0.0₄1066
-
7.90%SUI
$1.9243
-
8.23%HBAR
$0.1456
-
8.77%OM
$6.2497
-
1.95%BCH
$268.99
-
4.43%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
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 report from Bloomberg.
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.
STORY CONTINUES BELOW
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 reported in early June that FTX was looking to sell its shares for “hundreds of millions of dollars.”
In May, Anthropic raised $450 million in Series C funding 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.
Nelson Wang
Nelson edits features and opinion stories and was previously CoinDesk’s U.S. News Editor for the East Coast. He has also been an editor at Unchained and DL News, and prior to working at CoinDesk, he was the technology stocks editor and consumer stocks editor at TheStreet. He has also held editing positions at Yahoo.com and Condé Nast Portfolio’s website, and was the content director for aMedia, an Asian American media company. Nelson grew up on Long Island, New York and went to Harvard College, earning a degree in Social Studies. He holds BTC, ETH and SOL above CoinDesk’s disclosure threshold of $1,000.
