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FTX Cash Pile of $6.4 Billion Set to Jump With Sale of AI Stake

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Feb. 22, 2024, 9:45 p.m. | Steven Church

Bloomberg Technology bloomberg.com

Bankrupt crypto exchange FTX won bankruptcy court approval to sell its shares in artificial intelligence company Anthropic, potentially adding more than $1 billion to the defunct company’s $6.4 billion cash pile.

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