Kleinberg Kaplan’s Jared Gianatasio quoted in Blockworks on Amazon’s investment in Anthropic

Kleinberg Kaplan partner Jared Gianatasio was recently quoted in an article in Blockworks titled, “Is Amazon’s investment in Anthropic a win for FTX creditors?” The article discusses Amazon’s substantial investment of up to $4 billion in Anthropic, a company associated with the troubled FTX exchange, and explores how this move could potentially benefit FTX creditors.

Gianatasio shares that Amazon’s investment in Anthropic underscores the growing significance of AI technology and suggests that it could have a positive impact on FTX creditors as the value of this asset appreciates, as, according to Financial Times reports in November, FTX had a $500 million investment in Anthropic. He noted, “I would not be surprised, however, if the FTX team does not actively look for a sale of this stake and waits to see how its stake in Anthropic may continue to appreciate in value over the coming months given the rising demand and value being placed in AI technology companies.”

To read the full article in Blockworks, please click here.