Fidelity has significantly increased its investment in Anthropic by nearly 25% following its acquisition of shares during the bankruptcy of FTX for $884 million. The SEC filing revealed a rise in share price from $30 to $37.44 within a few months. Fidelity uniquely supports both Anthropic and its rival OpenAI, indicating a strategic approach in the competitive AI industry. Currently, Anthropic is valued at approximately $33.2 billion and is negotiating to raise $2 billion at a projected valuation of $60 billion, while OpenAI also seeks new funding that may elevate it to $300 billion.
Fidelity marked up its stake in Anthropic by nearly 25%, raising its share price from $30 to $37.44 after acquiring shares during FTX's bankruptcy.
The firm's investment in both Anthropic and OpenAI reflects a strategy to support major players in the AI sector, despite competitive tensions between them.
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