Google invests $300M in AI firm previously funded by Sam Bankman-Fried
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Google Cloud has reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which also happened to receive over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months before FTX catastrophically collapsed. While the $300 million figure was reported by Financial Times on Feb. 4, Anthropic confirmed the investment partnership with Google Cloud on the same day despite not disclosing any figures: We’re excited to use Google Cloud to train our AI systems, including Claude! https://t.co/IaqQ5lpJrP https://t.co/vOn5Cj4sPt — Anthropic (@AnthropicAI) February 3, 2023 In the same announcement, Anthropic also confirmed that they previously raised capital from Bankman-Fried
FTX settlements with K5 Global, securing $700M in assets to help creditors repay. The exchange’s legal fights continue, including attempts to collect assets from former associates. FTX settled a lawsuit that sought to recover $700 million in disputed investments from K5 Global. In June 2023, FTX filed a case against…