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REGULATION
by
2 years ago

Google invested $300 million in Al Firm where was previously funded by former FTX's CEO

2023-02-06

REGULATION
by
2 years ago


Google Cloud reportedly invested $300 million in artificial intelligence (AI) startup Anthropic, which received more than $500 million from former FTX CEO Sam Bankman-Fried about six months before FTX. will crumble.



Ref. Anthropic on Twitter 


Anthropic also confirmed that they previously raised funds from Bankman-Fried and Caroline Ellison, former CEO of Alameda Research, and others in a Series B round of fundraising:



While as the New York times shows the number of funds $580 million which are funded around $530 million from former FTX's CEO Bankman-Fried and his former business partner.



One FTX creditor believes Bankman-Fried's stake in the AI company could reach $1.1 billion. However, creditors did not elaborate on such figures.



Ref.  sunil k on Twitter 


According to Google Cloud has received stocks around 10% in Anthropic as Finance Times reported. 

 

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