If FTX hadn't gone bankrupt, it would likely be the largest shareholder in many AI projects. In 2022, FTX led a $500 million funding round for an AI startup called Anthropic. FTX invested $580 million in its Series B funding round, at one point holding a 13.56% stake. Now, Anthropic is in the final stages of a new large-scale funding round, valued at $350 billion. A return of nearly 700 times its valuation is truly terrifying. Converted to cash, that's $27 billion, enough to cover all of FTX's losses and even generate a profit.
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