FTX to sell shares of neural network development startup Anthropic for $884 million
The sale of shares in Anthropic will be a significant victory for FTX, which in January pledged to return 100% of the value of their assets to its customers at the time of the company's bankruptcy.
The FTX competition commission, responsible for the exchange's assets, has finally reached an agreement on the sale of most of the shares of the startup for the development of neural networks, Anthropic. The first attempt to sell assets in June 202Z was unsuccessful.
FTX crypto exchange and its subsidiary Alameda acquired an 8% stake in Anthropic for $500 million in 2021. The subsequent hype around neural networks led to the fact that the value of these securities almost doubled.
Upon completion of the transaction, the main shareholder of the AI startup will be ATIC Third International Investment Somrapu, an investment company whose assets belong to the Abu Dhabi sovereign wealth fund Mubadala. ATIC will buy 16,664,167 Anthropic securities from FTX for $500 million. Other buyers are Jane Street Global Trading and funds associated with the Ford Foundation and Fidelity Investments.
The sale of shares in Anthropic will be a significant victory for FTX, which in January pledged to return 100% of the value of their assets to its customers at the time of the company's bankruptcy.
Source: https://happycoin.club/ftx-prodast-akczii-startapa-po-razvitiyu-nejrosetej-anthropic-za-884-mln/
