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Will FTX sell its shares in artificial intelligence startup anthropic?

NEW YORK, Feb 22 (Reuters) - Bankrupt crypto exchange FTX may sell its shares in artificial intelligence startup Anthropic, a U.S. judge ruled Thursday. U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware approved FTX's proposal to sell the shares after FTX reached a compromise in court with a group of FTX customers that had opposed the sale.

Why did FTX halt the sale of anthropic?

FTX halts the sale of AI startup Anthropic, despite increasing interest in the AI space and the company's $4.6 billion valuation. Judge upholds majority of criminal charges against FTX's Sam Bankman-Fried, with trials set for October 2023 and March 2024.

Does FTX own anthropic shares?

The bankrupt crypto exchange holds $500 million in Anthropic shares and is a coveted asset. FTX. Image: Shutterstock Bankrupt cryptocurrency exchange FTX is putting the brakes on the sale of its stake in AI platform Anthropic, according to a Bloomberg report on Tuesday.

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