FTX Sold Sam Bankman-Fried's Early Stake in Anthropic for $1.3B Ahead of Projected $37B Value

The FTX bankruptcy estate sold a nearly 14% stake in AI developer Anthropic for roughly $1.3 billion in 2024. This holding was originally acquired by Alameda Research for $500 million in 2021. That stake would be valued at approximately $37 billion based on the expected price for the company's initial public offering next week.