XN plans to buy more Anthropic shares at IPO as AI sell-off tests valuation
XN is not backing away from Anthropic. The New York investment firm founded by Gaurav Kapadia plans to be a “large participant” in the Claude maker’s IPO despite the AI stock sell-off, the Financial Times reported. Public investors, meanwhile, are questioning its proposed $1.5 trillion valuation. A $5.3 billion bet,…
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