FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K
Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code editor Cursor. The now-defunct crypto exchange, through its trading arm Alameda Research, had invested $200,000 in Anysphere during its 2022 seed round. However, bankruptcy managers sold the […]
FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K Read More ยป