Mar 22, 09:31 PM

Anthropic to Sell FTX Stake Worth $1B, Excludes Saudi Arabia; Proceeds for Repaying FTX Customers, Investment Giants Involved

Anthropic, an AI startup, is selling FTX's 8% stake worth $1 billion. The company has ruled out Saudi Arabia as an investor due to national security concerns. Proceeds will be used to repay FTX customers. Investment giants and sovereign wealth funds are interested in acquiring FTX's shares in Anthropic.

#Anthropic #FTX #Saudi Arabia

Written with ChatGPT (GPT-3).