SBF's investment in AI startup Anthropic has quintupled in value, giving FTX customers a chance to earn more money!

FTX's bankruptcy restructuring team stated that Anthropic, an AI startup previously invested in by SBF for $580 million, is raising funds at a valuation of $20-30 billion from Google, which increases the value of FTX's stake to $3-4.5 billion. FTX customers have a chance to recover more money!

Anthropic to raise from Google at 20-30B valuation, putting FTX's stake at 3-4.5B.

FTX customers now stand to be made whole. pic.twitter.com/Vy9mZc8bEl

— FTX 2.0 Coalition (@AFTXcreditor) October 3, 2023

Anthropic is one of the main competitors of OpenAI

Founded in 2021, Anthropic's founder and CEO Dario Amodei was originally a researcher at OpenAI but left the team to establish Anthropic due to disagreements in the company's direction.

By the end of 2022, Anthropic raised over $700 million in funding, including $580 million from SBF, the founder of the bankrupt exchange FTX. The bankruptcy restructuring lawyer has marked this money as assets of creditors that can be recovered.

According to Crunchbase, investors in Anthropic also include Google, South Korea's SK Telecom, and the recent addition of Amazon.

Anthropic's valuation has multiplied by five, FTX customers have the opportunity to recover more money!

The FTX bankruptcy restructuring team cited a report from The Information, stating that Anthropic is in talks with investors to raise at least $2 billion in new funding. Amazon had committed to investing $1.25 billion in the company by the end of September. Insiders also indicate that Google is expected to invest in this round of financing, having previously held a 10% stake in Anthropic.

One source mentioned that this startup, founded just 2 years ago, developed the chatbot Claude and aims for a valuation between $20-30 billion, which would mark a more than fivefold increase in the company's valuation since March when investors valued the company at $4 billion.

For early investor SBF, who invested $580 million, the stakes have risen significantly as well. The FTX bankruptcy restructuring team estimates that FTX's stake value could reach $3-4.5 billion. FTX customers have the opportunity to recover more money!