Google Cloud has reportedly invested $300 million into synthetic intelligence (AI) startup agency Anthropic, which additionally occurred to obtain over $500 million in funds from former FTX CEO Sam Bankman-Fried about six months earlier than FTX catastrophically collapsed.

Whereas the $300 million determine was reported by Monetary Occasions on Feb. 4, Anthropicconfirmedthe funding partnership with Google Cloud on the identical day regardless of not disclosing any figures:

We’re excited to make use of Google Cloud to coach our AI programs, together with Claude! https://t.co/IaqQ5lpJrP https://t.co/vOn5Cj4sPt

— Anthropic (@AnthropicAI) February 3, 2023

In the identical announcement, Anthropic additionally confirmed that they beforehand raised capital from Bankman-Fried and former Alameda Analysis CEO Caroline Ellison, amongst others, in its Collection B fundraising spherical:

The Collection B spherical was led by Sam Bankman-Fried, CEO of FTX. The spherical additionally included participation from Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Middle for Rising Danger Analysis (CERR).”

The fundraising efforts led by Bankman-Fried came about in April, 2022, according to Crunchbase.

A current post by The New York Occasions reported that of the $580 million raised, about $530 million got here from Bankman-Fried and his former enterprise companions.

However some imagine the determine to be even larger too.

One FTX creditor believes Bankman-Fried’s stake within the AI firm could possibly be as excessive as $1.1 billion. Nevertheless, the creditor did not elaborate on the determine.

Different members of the Crypto Twitter neighborhood are additionally speculatingwhether or not Bankman-Fried’s stake might be used to repay the huge pile of debt that FTX has collected from their current controversies.

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As for the partnership, Anthropic will now make the most of Google Cloud’s GPU and TPU clusters to coach, develop, and implement its AI chatbox, known as “Claude” — just like that of OpenAI’s ChatGTP.

Google Cloud obtained a couple of 10% stake in Anthropic, in accordance with Monetary Occasions.

Whereas it stays to be seen the place the majority of thedebt within the FTX chapter case might be sourced from, Bankman-Fried personally pleaded not guiltty to all eight fraud and conspiracy-based fees laid towards him on Jan. 3.

Bankman-Fried at the moment stays below home arrest at his dad or mum’s California residence till his trial date, which is about for Oct. 2, 2023.