Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Publishing timestamp: 2024-03-22 16:05:39
Summary
Anthropic, an AI startup, is up for sale for over $1 billion, with sovereign wealth funds eager to invest. The company has ruled out taking money from Saudi Arabia due to national security concerns. The stake in Anthropic belongs to FTX, a failed cryptocurrency exchange, and is being sold as part of bankruptcy proceedings. Saudi Arabia's Public Investment Fund is looking to invest in AI through discussions with venture firm Andreessen Horowitz.
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