Anthropic is lining up a new slate of investors, but the AI startup has ruled out Saudi Arabia
Summary
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup thats taking on OpenAI. As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis, according to people familiar with the matter. The stake in Anthropic is for sale because it belongs to FTX, the failed cryptocurrency exchange started by Sam Bankman-Fried, and is being unloaded as part of the companys bankruptcy proceedings. The transaction is ongoing and is on track to wrap up in the next couple weeks, said people with knowledge of the talks who asked not to be named because the negotiations are private. Anthropic founders Dario and Daniela Amodei have the right to challenge any potential investors, according to the sources.