DOJ Seeks to Bar Sam Bankman-Fried's Anthropic AI Raise in Fraud Trial

The U.S. Department of Justice (DOJ) is seeking to prevent FTX founder Sam Bankman-Fried from bringing up Anthropic's recent fundraising efforts in his defense against charges. The DOJ alleges that the $500 million investment in Anthropic came from customer funds, and argues that evidence of Bankman-Fried's investments can only be used to support the argument that FTX customers will be made whole, which the court has deemed impermissible. The DOJ has previously tried to bar Bankman-Fried's defense team from arguing that FTX creditors will receive most or all of their funds back. Anthropic has an agreement with Amazon potentially worth up to $4 billion and is in talks to raise another $2 billion.