FTX Made a Very Smart Investment That May Be Able to Pay Back Its Customers

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He who laughs last...

And FTX isn't the only high-profile Anthropic investor. Seemingly in a move to level the playing field in its battle with the financially tethered Microsoft and OpenAI, a little company known as Google, among other investors,As a result of those cash infusions, in addition to the buzz around the AI market, Anthropic's stock has been headed way up. As it stands, the AI firm is reportedly valued at a staggering $4.

FTX, alternatively, as an unregulated business within an unregulated industry, reportedly didn't have any such plan, and its assets are generally. And to that end, it's also worth noting that the AI industry is still at the beginning of a gold rush. Anthropic has a stronger footing in the market than most, but whether it can stick it out with a multi-billion dollar valuation in the long run remains to be seen.

 

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