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FTX Allowed to Sell Anthropic Shares

Published:Feb 23, 2024 17:19
1 min read
Hacker News

Analysis

The article reports on a legal decision allowing FTX, the bankrupt cryptocurrency exchange, to sell its shares in Anthropic, an AI company. The investment was made in 2021 for $500 million. This is significant because it allows FTX to potentially recover funds for creditors and highlights the ongoing impact of the FTX collapse on the AI landscape.

Key Takeaways

Reference

US judge says FTX can sell its Anthropic shares; FTX invested $500M in 2021