FTX Halts Sale of Its $500 Million Stake in AI Startup Anthropic
- Anthropic valuation seen as benefiting from current AI frenzy
- FTX halt follows months of due diligence by potential bidders
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Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.
Perella Weinberg Partners, the boutique investment bank that acts as an adviser to FTX, informed bidders this month about the pause, according to people familiar with the matter who asked not to be named discussing confidential information.