Monday, June 3, 2024

FTX sells its remaining 15M Anthropic shares, netting $450M+ and taking its total haul to $1.3B from its original $500M investment, as legal costs pass $500M (Zack Abrams/The Block)

Zack Abrams / The Block:
FTX sells its remaining 15M Anthropic shares, netting $450M+ and taking its total haul to $1.3B from its original $500M investment, as legal costs pass $500M  —  - The FTX estate has sold its remaining shares in Anthropic, a valuable AI startup, as the total cost of the bankruptcy surpasses $500 million …



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...