FTX Creditors Could Benefit from Anthropic’s $2 Billion Funding
In recent years, the field of artificial intelligence (AI) has seen tremendous growth, attracting substantial investments from companies like Anthropic and Openai. These companies have developed advanced generative AI chatbots named “Claude” and “Chatgpt.” Amazon had previously pledged $4 billion to support Anthropic, while Google had invested $300 million in the startup. Former FTX CEO Sam Bankman-Fried and his team also infused $500 million into Anthropic.
A coalition of FTX creditors, known as the “FTX 2.0 Coalition,” highlighted the potential impact of SBF’s investment in Anthropic on compensating customers and clients. This discussion gained traction after Amazon’s significant investment. Now, Google has committed $2 billion in funding to Anthropic, with a post-valuation estimated between $20 billion and $30 billion.
The FTX 2.0 Coalition shared reports confirming Google’s pledge, emphasizing the potential benefits for creditors. However, legal complications have arisen as U.S. prosecutors charged SBF with fraud and sought to exclude the Anthropic investment from the trial proceedings.
Despite a 404 error on the announcement page regarding SBF’s leadership in the Series B funding round, the link remains accessible through archive.org’s Wayback Machine.
Hot Take: Google’s Investment Boosts Anthropic’s Valuation
Anthropic, an AI company developing generative chatbots, has secured a massive $2 billion funding commitment from Google. This investment comes after previous contributions from Amazon and FTX CEO Sam Bankman-Fried. The funding has significantly boosted Anthropic’s valuation, which is estimated to be between $20 billion and $30 billion.
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