Anthropic’s Fundraising could mean full payout for FTX creditors

The fundraising announcement from Anthropic gives hope to FTX creditors as SBF’s investment in the AI company might grow nearly $4 billion.
Anthropic's Fundraising could mean full payout for FTX creditors
Anthropic’s Fundraising could mean full payout for FTX creditors

The most recent fundraising effort by the artificial intelligence business Anthropic has given FTX creditors hope that they would be paid back, and the newest valuation of Anthropic has increased SBF’s investment in the company.

In order to raise $2 billion from Google and other investors, Anthropic is purportedly trying to increase its valuation to $30 billion.

According to a lawyer for cryptocurrencies, SBF’s ownership of the AI firm may allow for FTX creditors to receive a full refund of their money as part of the bankruptcy procedures for the defunct exchange.

FTX’s interest in the Anthropic fundraiser is estimated to be between $3 billion and $4.5 billion, according to a Twitter account of FTX creditors. Customers might receive every penny they paid out if it can be used to pay down FTX debt.

Although it is unclear if SBF invested in Anthropic directly or through FTX money, it is debatable who will be entitled to the stake given that SBF is also being sued by numerous parties and that FTX liquidators are also involved in the scene.

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