2023-10-05 20:37:00
A Shot at Full Recovery? Amazon's Billions to Anthropic Ignite Hopes for FTX Creditors
On the cusp of the artificial intelligence (AI) boom, Anthropic, a rival to
Openai, garnered a substantial
$580 million in a Series B funding round in April 2022. Spearheaded by FTX chieftain Sam Bankman-Fried, the fundraising endeavor also saw notable contributions from
Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Center for Emerging Risk Research (CERR).
Amid FTX’s financial debacle,
its share in Anthropic has been thrust into the limelight, more so following Anthropic’s remarkable funding infusion of up to
$4 billion from Amazon and an extra $300 million from Google the preceding February. While a fresh valuation of Anthropic post-Amazon deal remains under wraps, the enterprise boasted a near
$5 billion worth in May 2023. Notably, buzz surrounds Anthropic as it reportedly engages in dialogues to amass
at least $2 billion in fresh capital.
The startup is eyeing a valuation ranging
from $20 billion to $30 billion, buoyed by this new capital influx. As Anthropic’s valuation escalates, a faction of FTX creditors took to the social media realm X to share their insights.
“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,” the FTX 2.0 Coalition wrote on the social media platform.
Currently, debt recovery titans keen on capitalizing post-acquiring
FTX claims have reportedly snagged $250 million in claims thus far. Data from claims-market.com reveals the current peak payout for an FTX
claim bearing some preference risk is trading at $0.37 on the dollar, while no preference risk FTX claims are fetching
$0.41 on the dollar.
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