FTX Estate Sells Anthropic Stake for $884M to Pay Back Customers

• FTX bankruptcy estate selling majority of its shares in AI startup Anthropic for $884M to two dozen institutional investors • Top buyer is Abu Dhabi sovereign wealth fund entity ATIC, purchasing $500M of shares • Other buyers include trading firm Jane Street, Fidelity Investments funds, and The Ford Foundation • Sale of Anthropic shares a big win for FTX estate to pay back customers after exchange collapse • Anthropic stake value more than doubled since FTX purchased it in 2021 due to AI boom fueled by ChatGPT popularity