FTX Secures $884 Million in Agreements to Divest Majority Stake in AI Firm Anthropic

According to The Wall Street Journal, FTX has successfully negotiated agreements valued at $884 million with a consortium of two dozen investors. Among the notable participants is an investor based in Abu Dhabi, all of whom are set to acquire a significant portion of FTX's shares in Anthropic, an emergent artificial intelligence startup. Anthropic has garnered attention for its high-profile backers, including tech giants Amazon and Google. This move comes after FTX's substantial investment of $500 million in Anthropic back in 2021, marking a strategic shift in the company's asset management.

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