FTX Estate Moves to Sell Anthropic Stake, Expects to Repay Customers After Founder's Fraud Conviction
• FTX bankruptcy estate granted approval to sell 7.84% stake in AI startup Anthropic • FTX and Alameda had invested $500 million in Anthropic in 2021 • Initial attempt to sell stake was made in June 2023 but paused after due diligence • Anthropic stake valuation may be around $1 billion with company's $15 billion valuation • FTX estate said it expects to fully repay customers; SBF sentencing next month after fraud conviction