FTX halts $500M sale of stake in AI firm Anthropic, says Bloomberg.

FTX, a bankrupt cryptocurrency exchange, has temporarily stopped the sale of its highly sought-after $500 million stake in Anthropic, an artificial intelligence (AI) startup, as reported by Bloomberg.

Bidders who were interested in purchasing the stake in Anthropic, which created the rival chatbot Claude, were informed of the pause by Perella Weinberg, the investment bank managing FTX’s bankruptcy, according to sources cited by Bloomberg. These sources said that bidders had spent several months conducting due diligence on the stake prior to the pause.

An internal document that Bloomberg has seen claims that FTX and its sister hedge fund Alameda invested $500 million in Anthropic. In early June, Semafor reported that FTX was seeking to sell its stake for “hundreds of millions of dollars.”

In May, Anthropic raised $450 million in Series C funding led by Spark Capital, with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures and others. According to Semafor’s early June report, Anthropic is valued at $4.6 billion.

Edited by Nelson Wang.