Did FTX put a $500 million stake in AI firm 'anthropic' on a pause?

Magazine: Earlier in June, a $500 million stake in AI firm Anthropic held by FTX was floated for sale, but that offer has reportedly been put on pause by the advisor bank to the embattled crypto exchange.

Why is FTX halting the sale of anthropic?

Image: Shutterstock Bankrupt cryptocurrency exchange FTX is putting the brakes on the sale of its stake in AI platform Anthropic, according to a Bloomberg report on Tuesday. While no specific reason for the halt was given, FTX holds over $500 million worth of shares in Anthropic, according to a November 2022 report by the Financial Times.

Why did FTX put a $500 million stake in anthropic on hold?

The sale of FTX's $500 million stake in artificial intelligence startup Anthropic has reportedly been put on hold, adding a potential delay to the bankrupt crypto exchange's efforts to fill a $2 billion hole remaining in its balance sheet.