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News Explorer — FTX Is Selling Its Shares in Anthropic to Repay Creditors, With Diverse Buyers Paying Over $884 Million

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Mar 25, 7:31 pm
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FTX Is Selling Its Shares in Anthropic to Repay Creditors, With Diverse Buyers Paying Over $884 Million

FTX, the failed crypto exchange, has agreed to sell its 29.4 million shares of AI developer Anthropic in order to compensate those who suffered losses in its collapse. The shares, valued at $884,109,327, are being purchased by a diverse group of buyers, including ATIC Third International Investment Company and funds managed by Fidelity Management & Research Company. Anthropic itself is also among the entities vying to buy back its own shares.

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