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artificial intelligence
it consulting
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Synopsis
Mubadala GE Capital, a company investing in senior secured loans in the middle market space, and Fidelity International Strategic Ventures, a venture capital investment firm based in the UK, agreed to acquire a 66% stake in Anthropic from FTX Trading, a bankrupt company that formerly operated a fraud-ridden cryptocurrency exchange and crypto hedge fund, for $884m. The transaction is a part of FTX Trading bankruptcy proceedings. Funds raised from this transaction will be used to repay some of the FTX customers.
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