FT · 2026-11-13 23:39 UTC

Sam Bankman-Fried would have made nearly $40bn in Anthropic IPO

Sam Bankman-Fried's Alameda Research invested $500mn in Anthropic in 2021, gaining a near 14 per cent stake when the AI lab was worth about $4bn. Anthropic is expected to list at about $1.5tn, or roughly $83 a share, which would value Alameda's stake at about $37bn according to FT calculations. Bankman-Fried's portfolio was sold off in bankruptcy after the 2022 crypto crash, and he was later convicted of fraud and money laundering.

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