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Perella Weinberg to Sell FTX's 'Hundreds of Millions of Dollars' Stake in Anthropic

Summary: Perella Weinberg, the investment bank handling FTX's bankruptcy case, is looking to sell hundreds of millions of dollars worth of shares in artificial intelligence startup Anthropic, according to reports by Semafor. Anthropic stock is thought to be one of FTX's biggest assets. At the time of its bankruptcy last November, the collapsed exchange owned as ...

Perella Weinberg, the investment bank handling FTX's bankruptcy case, is looking to sell hundreds of millions of dollars worth of shares in artificial intelligence startup Anthropic, according to reports by Semafor.

Anthropic stock is thought to be one of FTX's biggest assets. At the time of its bankruptcy last November, the collapsed exchange owned as much as $500 million worth of the stock in the AI startup. 

Perella Weinberg said that money earned from the sales will be used to reimburse former customers.

Author: Katie Lin

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Link: Perella Weinberg to Sell FTX's 'Hundreds of Millions of Dollars' Stake in Anthropic   [Copy]
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