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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India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiat...