Google Invests Three Hundred Million USD In AI Firm, Earlier Funded By SBF

Google Cloud purportedly invested three hundred million dollars into AI startup firm Anthropic, which also received more than five hundred million dollars in funds from former FTX exchange CEO SBF approximately 6 months before the crypto exchange catastrophically came to a halt.

Members of Crypto Twitter are making suppositions whether SBF and FTX will source the reported five hundred and thirty million dollars invested in Anthropic to pay off FTX creditors.

While the three hundred million dollars figure was divulged by Financial Times, Anthropic confirmed the investment partnership with Google Cloud on the same day. Nevertheless, the firm did not reveal any particular figure.

In the same announcement, Anthropic also acknowledged that they earlier raised capital from Sam Bankman Fried and former Alameda Research CEO Caroline Ellison, among others, in its Series B fundraising round.

The announcement mentioned,

“The Series B round was led by Sam Bankman-Fried, CEO of FTX. The round also included participation from Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Center for Emerging Risk Research (CERR).”

While it is yet to be seen where the majority of the debt in the FTX bankruptcy case will be sourced from, SBF personally pleaded not guilty to all eight deceit and conspiracy-based charges laid against him on 3rd January, this year.

Presently, SBF remains under house arrest at his parents’ California home until his trial date, which is set for 2nd October, this year.