TechFlow news, according to Bloomberg, FTX has halted the sale of its $500 million stake in artificial intelligence company Anthropic. Sources said that Perella Weinberg Partners, the boutique investment bank handling FTX's bankruptcy proceedings, informed bidders this month of the suspension. Prior to this, multiple potential buyers had conducted months-long due diligence on FTX’s stake in Anthropic.
According to an internal document circulating since last November, FTX and Alameda invested $500 million in the company. As reported by Semafor in early June, FTX was seeking to sell the shares for "hundreds of millions of dollars."
Anthropic was founded in 2021 by former employees of OpenAI. In May this year, Anthropic completed a $450 million Series C funding round, bringing its valuation to $4.6 billion.
