Bankrupt FTX sells 2/3 stake in AI startup Anthropic to ATIC Third International Investment Company for $884m.
Bankrupt crypto exchange FTX is selling about two-thirds of its 8% stake in AI startup Anthropic for $884m, with the majority stake going to ATIC Third International Investment Company, a unit aligned with the UAE's sovereign wealth fund, Mubadala. Other investors include Jane Street, funds managed by Fidelity, and venture capital firm HOF Capital. FTX initially invested $500m in Anthropic in 2021.
March 25, 2024
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