$12 Billion Mistake: FTX Missed Out on Anthropic’s Sky-High Valuation!

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So, it appears that AI firm Anthropic is playing a high-stakes game of Monopoly where the properties are all digital and the players are even more questionable! Rumor has it they’re negotiating a multi-billion-dollar round of funding that might just soar their valuation to a jaw-dropping $150 billion. 💸

According to an impressive little scoop from the Financial Times (you know, that tiny paper everyone reads), our dear Anthropic is aiming to fetch between $3 billion and $5 billion from investors in the Middle East. Because why not? They’ve clearly run out of things to buy in the neighborhood. 🏰

FTX: The $10 Billion Blunder

Imagine the glory if this funding hits. Anthropic’s ability to scale would rival the number of pancakes at a Sunday brunch. And don’t get me started on that wild ride from a mere $61.5 billion valuation to the current stratosphere! 🌌

Oh, and speaking of interest, word on the street is that companies like Abu Dhabi’s MGX are lining up, probably with their checkbooks in hand, wanting a taste of this AI pie.

Let’s chew on this for a moment: FTX, the crypto exchange that was initially as stable as a house of cards, had its mishap along with our beloved Sam Bankman-Fried. He made a rather spicy $500 million investment in Anthropic back in 2021 when it was valued at a measly $2.5 billion. 🙈

Fast forward a bit, and FTX sold that golden ticket at a shocking $1.4 billion during its own ‘please-just-go-bankrupt’ fiasco as Anthropic’s valuation jumped to $18 billion. Talk about a rollercoaster ride! 🎢

And now, the grand finale: that same 8% slice of pie he once held is now a fantastic $12 billion. Yep, you read that right. A nearly tenfold ballooning from what they graciously recovered. It’s like winning the lottery and then losing the ticket. 🎟️

This little story is a fitting reflection of how FTX’s downfall has sent shockwaves through creditors and the confused masses still checking their bank accounts in despair. ☹️

Meanwhile, our pals at FTX have kicked off the repayment process, with nearly $5 billion bowling through to creditors since late May. Because nothing says “I’m sorry” quite like handing out some cash after you’ve blown up! 💣

The repayments began way back in February, prioritizing the smaller claimants—those with less than $50,000 in approved claims—who’ve been waiting since the infamous exchange collapse in November 2022.

Mark your calendars! FTX is gearing up for more payments on September 30, covering various classes of claims like it’s the most complex party invitation ever. 🥳

But not everyone’s getting a slice of the pie. Some claimants from 49 “restricted jurisdictions,” including the entirety of China, have been thrown into the “not happening” bin. Talk about a friends-list catastrophe! 😬

This decision has stirred a bit of a storm among the affected users, who are rightfully complaining that this isn’t just unfair, but also might set some dodgy precedents for future international bankruptcy escapades. Yikes! 🌪️

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2025-07-27 15:21