Bankrupt FTX sells stake in hot AI startup Anthropic

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. The shares in Anthropic were considered plum assets in the remains of the FTX empire that collapsed in late 2022, when revelations showed occurrences of massive fraud by Bankman-Fried and his close assoc