- FTX has reportedly filed a motion with the court to sell its stake in Anthropic.
- Anthropic is currently valued at $18 billion, with FTX owning a 7.84% stake in the company.
- The bankrupt exchange hopes to raise about $1.4 billion from selling its Anthropic stake.
FTX, the bankrupt crypto exchange, has reportedly filed a motion with the court to sell its stake in Anthropic, an artificial intelligence (AI) company. Anthropic is currently valued at $18 billion, with FTX owning a 7.84% stake in the company, reflecting a $1.4 billion value.
FTX has filed a motion with the court to sell its nearly 8% stake in artificial intelligence company Anthropic. FTX’s exact stake in Anthropic, which is valued at $18 billion, would be 7.84%, which would make the stake worth about $1.4 billion. https://t.co/LeIxC1CENS— Wu Blockchain (@WuBlockchain) February 4, 2024
FTX’s stake in Anthropic is considered its most significant remaining illiquid asset. Sam Bankman-Fried, FTX’s former CEO, reportedly invested $500 million in the AI company in October 2021.
Besides filing for the court to approve the selling…
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